By BullScreen Editorial Team 
Tejas Networks Limited reported mixed Q4 results 2026, with revenue showing modest growth while losses widened due to continued investments and provisioning costs. The company posted revenue of ₹333 crore for the March quarter, up 8% sequentially from ₹307 crore, but recorded a net loss (PAT) of ₹211 crore.
The weak profitability reflects a phase of heavy spending and operational consolidation. Earnings before interest and tax (EBIT) stood at a loss of ₹219 crore, while profit before tax (PBT) came in at a loss of ₹281 crore. For the full year FY26, the company reported a total revenue of ₹1,103 crore and a net loss of ₹909 crore.
A key factor impacting margins in the Tejas Networks Q4 results 2026 was ₹39.3 crore in warranty provisions, based on expected product fault rates and future claims. Despite the losses, the company maintained a strong order book of ₹1,514 crore, marking a robust 49% year-on-year growth, signaling sustained demand visibility.
Operationally, India remained the dominant market, contributing 88% of total revenue, while international markets accounted for 12%. On the balance sheet side, inventory increased to ₹2,438 crore as the company prepares for upcoming shipments, while trade receivables stood at ₹3,258 crore. Net debt rose to ₹3,531 crore, with gross borrowings at ₹4,035 crore and cash reserves at ₹505 crore.
The company reported notable progress across both wireless and wireline segments. It secured a global contract with NEC for 5G Massive MIMO radios and received orders for 4G expansion in South Asia. It also completed a 5G proof of concept in South America. In India, Tejas delivered over 17,000 routers under the BharatNet Phase III project and was selected for a high-capacity data center network deployment.
Innovation remained a key focus, with 63 patents filed during the quarter, taking the total to 676. The company also received ₹69.96 crore in PLI incentives, reinforcing its domestic manufacturing push.
Looking ahead, Tejas Networks is positioning itself for the upcoming AI-driven infrastructure cycle. With AI traffic expected to dominate global networks, the company is investing in next-generation optical and routing technologies to support high-capacity data flows.
| Metric (in INR Cr) | Q4 FY25 | Q3 FY26 | Q4 FY26 | Full Year FY26 |
| Total Revenue | 1,907 | 307 | 333 | 1,103 |
| EBIT | 18 | (239) | (219) | (1,085) |
| PBT (Profit Before Tax) | (45) | (303) | (281) | (1,354) |
| PAT (Profit After Tax) | (72) | (197) | (211) | (909) |
Source: https://www.bseindia.com/xml-data/corpfiling/AttachLive/f523da2f-de1a-48f5-9db2-b096b4157358.pdf