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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Tejas Networks
Tejas Networks (TEJASNET) investor relations material
Tejas Networks Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary16 Oct, 2026
Executive summary
Q2 FY27 revenue was ₹405.68 crore versus ₹261.82 crore YoY; consolidated net loss narrowed to ₹206.94 crore from ₹307.13 crore.
Closing order book reached ₹2,315 crore, up from ₹1,529 crore at Q1 FY27-end; India accounted for 96% and international markets 4%.
Initial shipments began for BSNL’s 18,685-site 4G expansion and an end-to-end 5G deployment for a South American customer.
Financial highlights
Q2 revenue from operations was ₹405.68 crore versus ₹261.82 crore in Q2 FY26; H1 revenue was ₹807.84 crore versus ₹463.80 crore.
Q2 EBITDA loss narrowed to ₹108 crore from ₹293 crore in Q2 FY26; H1 EBITDA loss was ₹429 crore versus ₹626 crore.
Q2 EBIT loss was ₹199 crore and PBT loss ₹276.88 crore, versus ₹394 crore and ₹472.99 crore in Q2 FY26, respectively.
H1 consolidated net loss was ₹409.18 crore versus ₹501.00 crore in H1 FY26.
Outlook and guidance
Management expects quarterly positive EBITDA and describes a visible path to profitability in the coming years; no specific earnings targets were given.
BSNL order execution is expected to reduce inventory and gross debt; priorities include timely delivery, increasing collections and bringing inventory in line with quarterly business.
Management expects significant BSNL milestone collections in the current quarter; most of the announced ₹1,500 crore order was expected to enter the order book as purchase orders arrive.
Product priorities include expanded 5G radio bands, 5G-Advanced and 6G, AI-based network management, and high-capacity wireline products.
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Latest events from Tejas Networks
- Record revenue and backlog support growth, but margins and cash conversion remain strained.TEJASNET
Q4 22/23 - Revenue grew, but component shortages and credit provisions drove a ₹62.71 crore FY22 loss.TEJASNETQ4 21/22
- Growth and margins improved, but delayed collections weighed heavily on cash flow.TEJASNETQ4 18/19
- Record FY24 growth and orders came with sharply higher working-capital demands.TEJASNETQ4 23/24
- FY21 returned to profit as revenue grew, international sales expanded and cash generation strengthened.TEJASNETQ4 20/21
- Revenue plunged 56.7% as capex delays and COVID-19 drove a ₹237.12 crore net loss.TEJASNETQ4 19/20
- India growth and stronger margins offset international weakness as IPO cash enabled expansion.TEJASNETQ4 17/18
- FY17 growth accelerated, led by international demand, despite a one-time ₹30.47 crore write-off.TEJASNETQ4 16/17
- Revenue up 21% QoQ to INR 402 crores, narrowing losses, strong 5G wins, AMC to aid profitability.TEJASNETQ1 26/27
Next Tejas Networks earnings date
Q3 26/278 Jan, 2027
Tejas Networks
Next Tejas Networks earnings date
Q3 26/278 Jan, 2027
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