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TEJASNET
Q4 FY25 Financial Results & Dividend:
Tejas Networks reported a consolidated net loss of ₹71.8 crore for Q4 FY25, a reversal from a profit in the year-ago period. This loss was attributed to increased investments in R&D and one-time charges related to inventory and R&D expenses. Despite the quarterly loss, revenue from operations saw a significant jump of 43.7% year-on-year to ₹1,906.9 crore. For the full FY25, the company recorded a net profit of ₹447 crore and substantial revenue growth to ₹8,923 crore. The board has also recommended a dividend of ₹2.5 per equity share for FY25.
Major Order Wins & BSNL Project Progress:
A significant positive for Tejas Networks is the ₹1,525.53 crore add-on advance purchase order from Tata Consultancy Services (TCS). This order is for the supply, deployment, and maintenance of 4G mobile network equipment for BSNL at 18,685 sites, further solidifying Tejas Networks' crucial role in BSNL's pan-India 4G/5G rollout. The company has already completed deliveries for over 100,000 sites for the BSNL 4G/5G network, demonstrating rapid execution.
Leadership Change:
In a notable development, Anand Athreya has resigned as the Managing Director and CEO of Tejas Networks, effective June 20, 2025, citing personal reasons. Arnob Roy, currently the Executive Director and COO, has been entrusted with the additional responsibility of CEO. This leadership transition will be closely watched by investors.#StockInNews#WatchOutFor#FundamentalViews#PersonalFinance#EquityResearch
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