Tejas Networks shares plunge 8%, hit 52-week low as Q3 loss widens, revenue tanks

Shares of Tejas Networks witnessed selling pressure in Monday’s early trade, sinking 7.8% to their new 52-week low of ₹384.15 on the BSE after the company reported a weak set of numbers for the quarter ended December of the financial year 2026.

Domestic telecom equipment maker Tejas Networks on Friday reported a consolidated loss of ₹196.55 crore for the October–December quarter, marking its second consecutive quarterly loss. The weak performance was largely driven by a sharp decline in sales, including the deferment of purchase orders from state-owned Bharat Sanchar Nigam Limited (BSNL). In the same quarter last year, the company had posted a profit of ₹165.67 crore.