Tejas Networks has reported its financial results for the second quarter (Q2) and first half (H1) ended September 30, 2025. For Q2 of the financial year 2025-26 (FY26), consolidated net revenue was Rs 2.62 billion, as compared to Rs 28.11 billion in Q2 of FY25, resulting in a negative profit before tax (PBT) of Rs 4.73 billion as compared to a positive PBT of Rs 4.11 billion, for corresponding previous period. Meanwhile, profit after tax (PAT) was negative Rs 3.07 billion as compared to positive profit after tax of Rs 2.75 billion for corresponding previous period.

Further, the company’s net revenue for H1 of FY26 decreased drastically to Rs 4.64 billion from Rs 43.74 billion in H1 FY25. It reported a loss before tax of Rs 7.70 billion, compared to a PBT of Rs 5.32 billion in the previous period. Similarly, loss after tax stood at Rs 5.01 billion in H1 FY26, decreasing from PAT of Rs 3.53 billion in H1 FY25.

Commenting on the results, chief operating officer (COO), Tejas Networks, said, “In Q2 FY26, a key highlight was the successful inauguration of Bharat Sanchar Nigam Limited (BSNL) 4G network by the government, across more than 97,000 sites built with our 4G radio access network (RAN) product. We became the fifth nation in the world to develop fully indigenous 4G/5G stack. During the quarter we continued to invest in expanding our product portfolio and sales engagements:

  • Our 64T64R massive MIMO (multiple input multiple output) radio was launched by communications minister at Indian Mobile Congress 2025.
  • We also launched our state-of-the-art 1.2 Tbps dense wavelength division multiplexing (DWDM) transmission system.
  • Successfully completed our first private 5G RAN deployment under BSNL’s captive non-public network program and 4G/5G RAN proof of concept in a mobile operator’s network in South Asia
  • We had increasing traction for our 400G DWDM products with new wins in India, Europe and Africa
  • We expanded our wireless international customer engagements through partnerships with NEC and Rakuten.”

Meanwhile, chief financial officer (CFO), Tejas Networks, said, “In Q2 FY26 we had a revenue of Rs 2.62 billion, a quarter-on-quarter (QoQ) growth of 30 per cent. We ended the quarter with an order book of Rs 12.04 billion. We had a net loss of Rs 3.07 billion, largely due to lower revenue and provisions due to manufacturing process losses, warranty and inventory obsolescence (approximately 1.90 billion).”