Tejas Networks share price slumped over 7% to hit a 52-week low on Monday after the company reported its Q3 results. The Tata Group stock declined as much as 7.81% to a fresh low of ₹384.15 apiece on the BSE.
The domestic telecom gear maker Tejas Networks reported a consolidated net loss of ₹196.55 crore in the third quarter of FY26 as against a profit of ₹165.67 crore a year ago. The Tata Group company posted a loss mainly due to lower sales, including deferment of purchase order from state-owned BSNL.
However, Q3 loss was narrower than the loss of ₹307 crore in the previous quarter.
The company’s consolidated revenue from operations in Q3FY26 fell by 88% to ₹306.79 crore in the October-December quarter from about ₹2,642 crore, year-on-year (YoY).
At 9:30 AM, Tejas Networks share price was trading 6.65% lower at ₹389.00 apiece on the BSE.
