Tejas Networks Q3 FY26 – Sharp Revenue Drop with Deepening Losses

Tejas Networks reported a weak December 2025 quarter, marked by a steep YoY decline in revenue and continued losses at both operating and net levels, reflecting significant business pressure. • Sales: ↓ 88% YoY to ₹307 crore (vs ₹2,642 crore in Dec 2024) • EBIDT: Turned negative at -₹134 crore (vs ₹372 crore) • Net Profit: Loss widened to -₹197 crore (vs profit of ₹166 crore) • EPS: Deteriorated to -₹11.07 (vs ₹9.43) At a price of ₹417 and market cap ₹7,406 crore, Tejas Networks faces significant near-term challenges, with sharp revenue contraction and sustained losses impacting overall performance.