Mumbai, Jan 10 || Domestic telecom equipment maker Tejas Networks has reported a consolidated loss of Rs 196.55 crore for the October–December quarter (Q3 FY26).
This marked its second straight quarterly loss, mainly due to weak sales and a delay in orders from state-owned BSNL, according to its stock exchange filing.
The company had posted a profit of Rs 165.67 crore in the same quarter last financial year.
Its consolidated revenue from operations fell sharply by nearly 88 per cent to Rs 306.79 crore in the December quarter, compared with around Rs 2,642 crore a year ago, it said in its filing.
Tejas Networks is a key supplier for BSNL’s 4G network rollout as part of the C-DOT–TCS consortium and says it is the largest supplier of network routers.
However, during the quarter, a purchase order worth Rs 1,526 crore from BSNL for 18,000 sites was deferred, which hit the company’s revenue performance.