Tejas Networks
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Tejas Networks (TEJASNET) investor relations material

Tejas Networks Q3 25/26 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 25/26 earnings summary9 Jan, 2026

Executive summary

  • Q3 FY26 revenue reached INR 307 crores, up 17% sequentially, driven by wireline product sales to Indian private operators and international customers.

  • Profit after tax was negative INR 197 crores, an improvement from INR -307 crores in Q2FY26.

  • Order book increased to INR 1,329 crores, with 90% from Indian customers.

  • Multiple wireless product trials are ongoing in India and internationally, with several at the commercial negotiation stage.

  • Unaudited consolidated and standalone financial results for the quarter and nine months ended December 31, 2025, were reviewed and approved by the Board on January 9, 2026.

Financial highlights

  • Revenue grew 17% quarter-over-quarter to INR 307 crores.

  • Profit after tax was negative INR 197 crores.

  • EBIT loss improved to INR 239 crores negative from INR 394 crores negative sequentially.

  • Net debt reduced to INR 3,349 crores from INR 3,738 crores, mainly due to lower working capital.

  • Trade receivables decreased to INR 3,284 crores from INR 4,026 crores.

Outlook and guidance

  • Long-term outlook remains positive, with strong drivers from technology transitions and data growth, especially from AI and 5G deployments.

  • International business expected to scale as wireless products gain traction in Europe, Latin America, and Africa.

  • Expansion of 4G and new 5G deployments in emerging markets expected to drive demand.

  • No quarter-to-quarter profitability guidance provided.

  • Increasing traction for new products in both India and international markets.

What drove Q3 inventory obsolescence reversal?
Recurring impact of new Labour Codes on costs?
What caused Q3 warranty expense reduction?
What is the BSNL 4G add-on PO delay reason?
How will profitability be achieved given investments?
International growth drivers and new applications
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