π Tejas Networks Slides on Weak Q4 & Management Changes
As of April 16, 2026,
TEJASNET
declined over 4% following weak Q4 results and key management changes. The company reported a consolidated loss of βΉ211.3 crore, widening from βΉ71.8 crore YoY, while revenue sharply plunged 82.6% to βΉ332.7 crore. Alongside earnings pressure, multiple leadership transitions were announced, including the resignation of CFO Sumit Dhingra and new appointments across key roles. The combination of disappointing financial performance and management reshuffle has weighed on investor sentiment, leading to selling pressure in the stock.
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