Tejas Networks has announced the results for the quarter ending March 2027 after the stock market closed on Wednesday. In the information given to the exchange, the company said that there has been an increase in the loss of the company during the quarter, which has reached Rs 211 crore.
Tejas Networks has announced the results for the quarter ending March 2027 after the stock market closed on Wednesday. In the information given to the exchange, the company said that there has been an increase in the loss of the company during the quarter, which has reached Rs 211 crore. The company’s loss in this quarter a year ago was Rs 71.8 crore. There was also a decline of 82.6 percent in the company’s income during the quarter, which stood at Rs 333 crore, which was Rs 1906 crore in the same quarter a year ago.
In the information given to the exchange, the company said that the company’s EBITDA loss during the quarter stood at Rs 118.2 crore. A year ago the company had recorded EBITDA of Rs 121.5 crore.
what does the company do
Tejas Networks is a leading telecom equipment and networking technology company in India. This company is part of the Tata Group and develops hardware and software solutions related to 4G/5G networks, fiber broadband and data networks. The company manufactures essential equipment for telecom networks such as optical networks (DWDM, OTN), GPON/XGS-PON based fiber broadband, routing and switching systems, as well as 4G/5G RAN solutions.
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In terms of business, the company operates in more than 75 countries and its customers include telecom companies, Internet Service Providers (ISPs), government agencies and defense sector. In India, the company has played an important role in big projects like BharatNet and has also had a major role in BSNL’s 4G/5G network expansion, which has strengthened its growth.
In terms of growth, Tejas Networks is benefiting from 5G rollout, fiber internet expansion and Make in India initiative, along with the support of Tata Group is also a big positive factor for it. However, the company’s business largely depends on big orders and government projects, due to which there are fluctuations in its profits.
stock performance
The company’s shares closed at Rs 450 on Wednesday with a rise of 1.68 per cent. In the last one year, the company’s shares have seen a decline of 47.72 percent. In the last 5 years, the company’s shares have seen a rise of 172.07 percent.
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