Tejas Networks Reports ₹196 Crore Loss in Q3 FY26 Amidst BSNL Order Delays
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CNBC TV18•10-01-2026, 01:12
Tejas Networks Reports ₹196 Crore Loss in Q3 FY26 Amidst BSNL Order Delays
- •Tejas Networks reported a consolidated loss of ₹196.55 crore in Q3 FY26, marking its second consecutive quarterly loss.
- •Revenue from operations plummeted by 88% to ₹306.79 crore, down from ₹2,642 crore in the previous year.
- •A significant purchase order worth ₹1,526 crore from BSNL for 18,000 sites was delayed, impacting sales.
- •The company maintains an inventory of ₹2,363 crore, expected to be shipped in upcoming months.
- •Tejas Networks recorded a nine-month loss of ₹697.55 crore and an 89% revenue decline, but received ₹84.95 crore in PLI incentives.
Why It Matters: Tejas Networks faced a substantial Q3 FY26 loss due to lower sales and delayed BSNL orders.
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