Shares of Tata group company Tejas Networks slumped nearly 6% in early trade on Thursday, April 16, after the company’s earnings for the January-March quarter (Q4) disappointed investors.
The company posted a fifth straight quarterly loss on Wednesday during its earnings presentation post stock market hours a day ago. The March quarter losses were higher on a year-on-year (YoY) basis as the revenue slumped sharply.
Tejas Networks’ share price declined by 5.9% to ₹423.50 on the BSE as against its last closing price of ₹449.90.
Tejas Networks Q4 results
Tejas Networks, which designs, develops, manufactures and sells high-performance telecom and networking products used to build high-speed communication networks, said on Wednesday that its Q4 losses for FY26 came in at ₹211 crore as against ₹72 crore in the same period of last fiscal.
The company also posted losses of ₹193.8 crore in Q1FY26, ₹307.1 crore in Q2FY26 and ₹196.5 crore in Q4FY26, taking its full financial year losses to ₹909 crore. In the last fiscal (FY25), the Tata group company had posted a profit of ₹447 crore.
Meanwhile, the company’s revenue plunged 82.5% YoY to ₹333 crore from ₹1,907 crore in the same period a year ago.
For the full FY, the revenue was lower by 88% YoY to ₹1103 crore compared with ₹8923 crore in FY25.
(This is a developing story. Kindly check back for updates.)
