Why did Tejas Networks' share price fall?

Tejas Networks' share price fell due to its Q3 FY26 results, which showed a net loss and a significant drop in revenue.

What was Tejas Networks' Q3 FY26 financial performance?

In Q3 FY26, Tejas Networks reported a consolidated net loss of ₹196.55 crore and an 88% year-on-year decrease in revenue.

Did BSNL impact Tejas Networks' Q3 results?

Yes, the deferment of a purchase order from BSNL was a major factor contributing to Tejas Networks' lower sales and financial loss.

Home / Business and Economy / Tejas Networks Shares Tumble to 52-Week Low

Tejas Networks Shares Tumble to 52-Week Low

12 Jan

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Summary

Tejas Networks shares dropped significantly, reaching a new 52-week low.
The company reported a substantial net loss in Q3 FY26, reversing profit.
Revenue saw an 88% year-on-year decrease due to deferred orders.

Tejas Networks Shares Tumble to 52-Week Low

Tejas Networks experienced a significant downturn in its share price, dropping over 7% to a 52-week low on Monday. This sharp decline followed the company's announcement of its third-quarter financial results for FY26.

The Tata Group-owned firm reported a consolidated net loss of ₹196.55 crore for the October-December quarter of FY26. This contrasts sharply with the profit of ₹165.67 crore it achieved in the corresponding quarter of the previous fiscal year. The loss, while narrower than the ₹307 crore loss in the prior quarter, highlights ongoing financial challenges.

The primary driver behind the net loss was a substantial decrease in revenue from operations, which fell by 88% year-on-year to ₹306.79 crore. This revenue drop was significantly impacted by the deferment of a crucial purchase order from state-owned Bharat Sanchar Nigam Limited (BSNL).