Tejas Networks Shares Drop 6% Following Disappointing Q4 Loss of Rs 211 Crore
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Mumbai, April 16 (NationPress) Shares of Tejas Networks, supported by the Tata Group, dropped by nearly 6 percent in the early trading session on Thursday following disappointing Q4 earnings that unsettled traders and investors.
The stock on the BSE 500 index fell as much as 5.86 percent to Rs 423.50, reaching an intraday low from its previous closing price of Rs 449.90. This decline marks the company's fifth consecutive quarterly loss in Q4 FY26, with a significant year-on-year revenue drop.
Tejas Networks, which specializes in designing, developing, and selling telecommunications and networking equipment for high-speed communication networks, reported a net loss of Rs 211 crore in Q4 FY26, in stark contrast to a loss of Rs 72 crore during the same period last year.
Previously, the company faced losses of Rs 194 crore in Q1 FY26, Rs 307 crore in Q2 FY26, and Rs 197 crore in Q3 FY26, accumulating total losses of Rs 909 crore for FY26. In contrast, the company recorded a profit of Rs 447 crore in FY25.
On the revenue side, the company experienced an astonishing 82.53 percent decline year-on-year, reporting Rs 333 crore in Q4 compared to Rs 1,907 crore last year.
For the entire fiscal year, revenue plummeted by 88 percent to Rs 1,103 crore, down from Rs 8,923 crore in FY25.
Looking at the operating results, EBITDA fell to a negative Rs 118 crore, compared to a profit of Rs 121.5 crore the previous year, while margins shifted to negative territory at (-)35 percent, down from 6 percent in Q4 FY25.
As of March, the company's order book stood at Rs 1,514 crore, representing a 49 percent year-on-year increase. The net debt was recorded at Rs 3,531 crore, with gross debt at Rs 4,035 crore.
In recent trends, the stock has declined over 4 percent thus far in 2026. Month-to-date, it has seen an increase of 11 percent after a 25 percent drop in January, a 29 percent rise in February, and an 11.7 percent decrease in March.