Tejas Networks has released its financial results for quarter and year ended March 31, 2025. The company’s net revenue stood at Rs 19.07 billion in fourth quarter (Q4) of 2024-25 as compared to Rs 13.27 billion in Q4 2023-24, increasing by 44 per cent year-on-year (YoY). Meanwhile the total revenue of the company stood at Rs 89.23 billion in 2024-25 against Rs 24.71 billion for 2023-24, increasing by 261 per cent YoY.
As per the company, its loss before tax (LBT) in Q4 2024-25 was Rs 450 million against profit before tax (PBT) at Rs 2.33 billion in the corresponding quarter of the previous period. Meanwhile, company’s total PBT stood at Rs 6.98 billion in 2024-25 against Rs 1 billion in 2023-24.
Further, company’s loss after tax (LAT) in Q4 2024-25 was Rs 720 million against profit after tax (PAT) at Rs 1.47 billion in the corresponding quarter of the previous period. Furthermore, company’s total PAT stood at Rs 4.47 billion in 2024-25 against Rs 630 million in 2023-24.
Moreover, on completion of 25 years of operations and considering performance of the company, the Board has recommended a dividend of 25 per cent (Rs 2.5 per share) subject to approval of the shareholders.
Commenting on the results, Anand Athreya, managing director and chief executive officer, Tejas Networks, said, “In Q4 2024-25, we completed deliveries of more than 100,000 sites for Bharat Sanchar Nigam Limited (BSNL) 4G/5G network which is one of the largest single-vendor radio access network (RAN) networks delivered in record time. We had key wins for our leading edge Optical, private telecommunication network (PTN) and Fibre-to-the-X (FTTx) products in mobile backhaul, broadband services and power utility networks. During the quarter, we signed a technology collaboration agreement with NEC for development and marketing of advanced RAN technologies and joint go-to-market.”
Meanwhile, Sumit Dhingra, chief executive officer (CFO), Tejas Networks, said, “In Q4 2024-25, we had a strong YoY growth with a revenue of Rs 19.07 billion. We ended the quarter with an order book of Rs 10.19 billion and a net loss of Rs 720 million, due to increased investments in research and development (R&D) and one-time charges in certain inventory and R&D expenses. We ended 2024-25 with a revenue of Rs 89.23 billion and net profit of Rs 4.47 billion, a significant growth over 2023-24.”
