Tejas Networks [BSE: 540595, NSE: TEJASNET] today reported its financial results for the first quarter ended June 30, 2026. Tejas Networks designs, develops, manufactures and sells high-performance telecom and networking products, which are used to build high-speed communication networks.
Mr. Arnob Roy, MD and CEO of Tejas Networks said, “Q1 revenues were driven by international shipments of 5G radios and domestic shipments of 100G/400G Optical and FTTx products. We registered our first commercial win for an end-to-end 5G network deployment in South America, marking a significant milestone for the company. We witnessed growing demand for our fiber broadband, packet and optical transmission products from leading carriers and utilities, in India and in international markets, driven by growth in datacenter deployments.”
Some of the other key highlights of Q1 FY27 were:
Mr. AVS Prasad, CFO said, “In Q1 FY27 we had a revenue of Rs. 402 Cr, a QoQ growth of 21%. We ended the quarter with an order book of Rs. 1,529 Cr. Our net debt was Rs. 4,277 Cr; gross debt of Rs. 4,866 Cr and cash of Rs. 589 Cr.”
| Amount in Rs. Cr | |||
|---|---|---|---|
| Q1-FY27 | Q1-FY26 | FY26 | |
| Net Revenue | 402 | 202 | 1,103 |
| PBT | (271) | (297) | (1,354) |
| PAT | (202) | (194) | (909) |
Mr. Arnob Roy, MD and CEO of Tejas Networks said, “Q1 revenues were driven by international shipments of 5G radios and domestic shipments of 100G/400G Optical and FTTx products. We registered our first commercial win for an end-to-end 5G network deployment in South America, marking a significant milestone for the company. We witnessed growing demand for our fiber broadband, packet and optical transmission products from leading carriers and utilities, in India and in international markets, driven by growth in datacenter deployments.”
Some of the other key highlights of Q1 FY27 were:
- Supplied GPON OLTs to Tier-1 Indian telcos for their countrywide rollouts
- Selected as a vendor for the communication network modernization of a large power utility
- Won expansion order for 100G+ Coherent DWDM equipment from a leading bandwidth wholesaler in Africa
- Filed 46 patents in Q1 FY27 taking our cumulative global patent filing count to 722
Mr. AVS Prasad, CFO said, “In Q1 FY27 we had a revenue of Rs. 402 Cr, a QoQ growth of 21%. We ended the quarter with an order book of Rs. 1,529 Cr. Our net debt was Rs. 4,277 Cr; gross debt of Rs. 4,866 Cr and cash of Rs. 589 Cr.”
Tejas Networks [BSE: 540595, NSE: TEJASNET] today announced that it has signed a Memorandum of Understanding (MoU) with the Maharashtra Information Technology Corporation Limited (MahaIT) to jointly impart world-class training and certification in emerging telecom technologies to engineering students across Maharashtra, especially in the underserved regions of the state. The MoU was signed in the presence of Shri Devendra Fadnavis, Hon’ble Chief Minister of Maharashtra, and Adv. Ashish Shelar, Hon’ble Minister of IT, Government of Maharashtra alongside other esteemed dignitaries at the ‘TechMahaImpacT 2026’, Maharashtra’s premier CSR & Technology Conclave, held in Mumbai yesterday.
MahaIT serves as the nodal agency of the Government of Maharashtra for the efficient implementation of its Information and Communications Technology (ICT) initiatives including prestigious projects such as Aaple Sarkar, Direct Benefits Transfer (DBT), Mahanet (Bharatnet), Smart City among others. The purpose of the MoU is to jointly enable skilling and certification of engineering students, especially from Tier-2, Tier-3, and underserved regions of Maharashtra, in emerging telecom and digital technologies through online and instructor-led training programs. The MoU also aims to explore joint areas of collaboration in skilling, industry-academia engagement, and technology-led capacity building in association with Maha IT.
Sanjay Katkar, IAS, Managing Director of MahaIT said, “We are delighted to partner with Tejas Networks to accelerate the training and capacity-building of telecommunication engineers in Maharashtra. This collaboration marks a significant step towards realizing the vision of a modern and inclusive “Digital Maharashtra”. As a key technology supplier for several pan-India public networks of national importance such as BSNL 4G/5G, BharatNet, National Knowledge Network, utility and defence networks, Tejas is the ideal partner for this important initiative.”
Arnob Roy, Managing Director and Chief Executive Officer of Tejas Networks said, “The availability of world-class engineering talent skilled in emerging telecom technologies is critical to realizing Government of Maharashtra’s vision to transform the state to a trillion-dollar economy in the coming years. We are committed to advance the state’s efforts in this area through our high-quality skilling and certification programs that are designed to enhance the employability and industry readiness of young engineers both in urban and rural areas.”
Sunil Handoo, Vice President (Sales) of Tejas Networks said, “MahaIT’s ICT initiatives have been powering Maharashtra’s emergence as a leader state in digital governance by leveraging advanced technologies to improve the quality of public services. We are proud to collaborate with MahaIT and contribute our technology expertise to further strengthen these initiatives and help develop a future-ready engineering workforce in the state.”
MahaIT serves as the nodal agency of the Government of Maharashtra for the efficient implementation of its Information and Communications Technology (ICT) initiatives including prestigious projects such as Aaple Sarkar, Direct Benefits Transfer (DBT), Mahanet (Bharatnet), Smart City among others. The purpose of the MoU is to jointly enable skilling and certification of engineering students, especially from Tier-2, Tier-3, and underserved regions of Maharashtra, in emerging telecom and digital technologies through online and instructor-led training programs. The MoU also aims to explore joint areas of collaboration in skilling, industry-academia engagement, and technology-led capacity building in association with Maha IT.
Sanjay Katkar, IAS, Managing Director of MahaIT said, “We are delighted to partner with Tejas Networks to accelerate the training and capacity-building of telecommunication engineers in Maharashtra. This collaboration marks a significant step towards realizing the vision of a modern and inclusive “Digital Maharashtra”. As a key technology supplier for several pan-India public networks of national importance such as BSNL 4G/5G, BharatNet, National Knowledge Network, utility and defence networks, Tejas is the ideal partner for this important initiative.”
Arnob Roy, Managing Director and Chief Executive Officer of Tejas Networks said, “The availability of world-class engineering talent skilled in emerging telecom technologies is critical to realizing Government of Maharashtra’s vision to transform the state to a trillion-dollar economy in the coming years. We are committed to advance the state’s efforts in this area through our high-quality skilling and certification programs that are designed to enhance the employability and industry readiness of young engineers both in urban and rural areas.”
Sunil Handoo, Vice President (Sales) of Tejas Networks said, “MahaIT’s ICT initiatives have been powering Maharashtra’s emergence as a leader state in digital governance by leveraging advanced technologies to improve the quality of public services. We are proud to collaborate with MahaIT and contribute our technology expertise to further strengthen these initiatives and help develop a future-ready engineering workforce in the state.”
Tejas Networks [BSE: 540595, NSE: TEJASNET] today reported its financial results for the fourth quarter and full-year ended March 31, 2026. Tejas Networks designs, develops, manufactures and sells high-performance telecom and networking products, which are used to build high-speed communication networks.
Mr. Arnob Roy, COO of Tejas Networks said, “In Q4 FY26, we made significant progress in international business expansion of our Wireless products, with the first commercial order for our 4G/5G wireless products in international markets, a 5G Massive MIMO radio supply contract with NEC, and successful trials of our 5G products for an operator in Americas. During the quarter, we also witnessed strong traction for our 400G/800G coherent DWDM solutions in telco and carrier of carrier networks to serve the surging bandwidth demand for 5G backhaul, enterprise and data center connectivity.”
Some of the key highlights for the full-year were:
Mr. Sumit Dhingra, CFO said, “In Q4 FY26 we had a revenue of Rs. 333 Cr, a QoQ growth of 8%. We ended the quarter with an order book of Rs. 1,514 Cr, a YoY growth of 49%. Our net debt was Rs. 3,531 Cr; gross debt of Rs. 4,035 Cr and cash of Rs. 505 Cr. For FY26, we achieved a revenue of Rs. 1,103 Cr with a PAT loss of Rs. 909 Cr.”
| Amount in Rs. Cr | ||||
|---|---|---|---|---|
| Q4-FY26 | Q4-FY25 | FY26 | FY25 | |
| Net Revenue | 333 | 1,907 | 1,103 | 8,923 |
| PBT | (281) | (45) | (1,354) | 698 |
| PAT | (211) | (72) | (909) | 447 |
Mr. Arnob Roy, COO of Tejas Networks said, “In Q4 FY26, we made significant progress in international business expansion of our Wireless products, with the first commercial order for our 4G/5G wireless products in international markets, a 5G Massive MIMO radio supply contract with NEC, and successful trials of our 5G products for an operator in Americas. During the quarter, we also witnessed strong traction for our 400G/800G coherent DWDM solutions in telco and carrier of carrier networks to serve the surging bandwidth demand for 5G backhaul, enterprise and data center connectivity.”
Some of the key highlights for the full-year were:
- Won additional packages for Bharatnet – we are a leading supplier of IP/MPLS Routers for Bharatnet Phase-III; won 7/12 packages• Successful commercial launch of BSNL’s pan-India 4G network powered by our indigenously designed 4G/5G RAN products;
- Selected as the IP/MPLS router OEM for the largest number of BharatNet Phase III packages announced in FY26; and completed shipment of 17,000+ routers which are being deployed across 9 states and 5 union territories
- Launched several state-of-the-art Wireless and Wireline products, which included 64TR massive MIMO radios, a converged 4G/5G core and a hyper-scalable Data Center Interconnectivity platform
- Forged a multi-faceted strategic partnership with Rakuten Symphony to develop integrated Open RAN solutions and engage in joint go-to-market efforts
- Filed 63 patents in Q4 FY26 taking the cumulative global patent count to 676 of which 371 patents have been granted
Mr. Sumit Dhingra, CFO said, “In Q4 FY26 we had a revenue of Rs. 333 Cr, a QoQ growth of 8%. We ended the quarter with an order book of Rs. 1,514 Cr, a YoY growth of 49%. Our net debt was Rs. 3,531 Cr; gross debt of Rs. 4,035 Cr and cash of Rs. 505 Cr. For FY26, we achieved a revenue of Rs. 1,103 Cr with a PAT loss of Rs. 909 Cr.”
Tejas Networks [BSE: 540595, NSE: TEJASNET] today announced that it has been declared the winner of the Golden Peacock Innovative Product/Service Award (GPIPSA) for its WavePlexus™ portfolio of Radio Access Network (RAN) products. The Golden Peacock Awards are administered by the Institute of Directors and are regarded as a benchmark of excellence in corporate innovation and governance. The company was also certified to have successfully met the rigorous standards and evaluation benchmarks of the Golden Peacock Excellence Model, reflecting a strong commitment to sustainability-driven excellence.
The Golden Peacock award was adjudged by an eminent jury chaired by Hon’ble Justice Uday U. Lalit, former Chief Justice of India, along with other distinguished jury members from diverse fields. The awards have a meticulously defined and transparent evaluation criteria managed by independent professional assessors and are recognized as a ’Badge of Excellence’ globally.
The WavePlexus™ portfolio is an indigenously designed family of modular, energy‑efficient 4G and 5G radio and baseband products, including advanced 32TR and 64TR Massive MIMO solutions, that are compliant to both 3GPP and O-RAN standards. Deployed at scale in carrier-grade networks, both in India and internationally, the portfolio is designed to deliver world-class performance, lower power consumption, and reduced total cost of ownership across diverse deployment environments.
Commenting on the recognition, Dr. Kumar N. Sivarajan, Chief Technology Officer, Tejas Networks, said: “We are honored to be declared as the recipient of the prestigious Golden Peacock Innovative Product/Service Award for our versatile WavePlexus™ RAN portfolio. This recognition underscores the strength of our extensive R&D capabilities and our commitment to building high‑performance networking solutions aligned with global standards. It enables our customers to deploy scalable, energy‑efficient, and future-proof wireless networks with significantly lower total cost of ownership.”
The Golden Peacock award was adjudged by an eminent jury chaired by Hon’ble Justice Uday U. Lalit, former Chief Justice of India, along with other distinguished jury members from diverse fields. The awards have a meticulously defined and transparent evaluation criteria managed by independent professional assessors and are recognized as a ’Badge of Excellence’ globally.
The WavePlexus™ portfolio is an indigenously designed family of modular, energy‑efficient 4G and 5G radio and baseband products, including advanced 32TR and 64TR Massive MIMO solutions, that are compliant to both 3GPP and O-RAN standards. Deployed at scale in carrier-grade networks, both in India and internationally, the portfolio is designed to deliver world-class performance, lower power consumption, and reduced total cost of ownership across diverse deployment environments.
Commenting on the recognition, Dr. Kumar N. Sivarajan, Chief Technology Officer, Tejas Networks, said: “We are honored to be declared as the recipient of the prestigious Golden Peacock Innovative Product/Service Award for our versatile WavePlexus™ RAN portfolio. This recognition underscores the strength of our extensive R&D capabilities and our commitment to building high‑performance networking solutions aligned with global standards. It enables our customers to deploy scalable, energy‑efficient, and future-proof wireless networks with significantly lower total cost of ownership.”
Tejas Networks [BSE: 540595, NSE: TEJASNET] today announced that it has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology Gandhinagar (IITGN) to catalyze innovation, research, and skill development in emerging telecom technologies. IIT Gandhinagar is recognized as an Institute of National Importance by the Government of India and is known for delivering high-quality education and advancing cutting-edge research in various areas of science, engineering, design, management and humanities.
The MoU will promote strategic collaboration between the two organizations in advanced telecom research areas aligned with national priorities. As part of this MoU, the two organizations will also establish a telecom Center of Excellence (CoE) at IIT Gandhinagar that will serve as a platform for world-class training, innovation, and deployment-oriented learning in both wireline and wireless technologies.
Prof. Rajat Moona, Director of IIT Gandhinagar said, “We are delighted to partner with Tejas Networks, India’s leading IPR and R&D-driven telecom product company, to drive world-class research, develop cutting-edge solutions and advance global standards in emerging telecom technologies. This MoU is a first step towards building a thriving telecom industry in Gujarat that combines research excellence, skill development, and industry deployment. Moreover, our strategic collaboration is in complete alignment with Government of India’s Atmanirbhar Bharat vision for the country’s telecom sector.”
Dr. Kumar N. Sivarajan, Chief Technology Officer of Tejas Networks said, “IIT Gandhinagar is emerging as a national hub for cutting-edge research in next-generation telecom technologies. We are proud to collaborate with IIT Gandhinagar and leverage our extensive industry experience and deep technology expertise to help accelerate these efforts.”
The MoU will promote strategic collaboration between the two organizations in advanced telecom research areas aligned with national priorities. As part of this MoU, the two organizations will also establish a telecom Center of Excellence (CoE) at IIT Gandhinagar that will serve as a platform for world-class training, innovation, and deployment-oriented learning in both wireline and wireless technologies.
Prof. Rajat Moona, Director of IIT Gandhinagar said, “We are delighted to partner with Tejas Networks, India’s leading IPR and R&D-driven telecom product company, to drive world-class research, develop cutting-edge solutions and advance global standards in emerging telecom technologies. This MoU is a first step towards building a thriving telecom industry in Gujarat that combines research excellence, skill development, and industry deployment. Moreover, our strategic collaboration is in complete alignment with Government of India’s Atmanirbhar Bharat vision for the country’s telecom sector.”
Dr. Kumar N. Sivarajan, Chief Technology Officer of Tejas Networks said, “IIT Gandhinagar is emerging as a national hub for cutting-edge research in next-generation telecom technologies. We are proud to collaborate with IIT Gandhinagar and leverage our extensive industry experience and deep technology expertise to help accelerate these efforts.”
Tejas Networks [BSE: 540595, NSE: TEJASNET] today announced that the company has reached a major milestone by cumulatively shipping over 17,000 IP/MPLS routers for BharatNet Phase III. Tejas’s industry-leading TJ1400 routers are being deployed in 9 states and 5 union territories across India by its PIA (Project Implementation Agency) partners and are carrying live traffic at multiple locations. Altogether, the company will be supplying nearly 60,000 TJ1400 routers for BharatNet Phase III which will be deployed across 55,000+ GPs (Gram Panchayats) and 2000 Blocks in the country.
Tejas Networks has a complete range of modular and compact next-generation access and aggregation routers for building terabit-scale IP/MPLS networks that meet stringent performance benchmarks. Powered by a pioneering Software-defined Hardware™ architecture, the company’s indigenously designed carrier-class router portfolio ensures a flexible, scalable and reliable middle mile network for BharatNet.
Arnob Roy, Chief Operating Officer and Executive Director of Tejas Networks said, “Government of India’s BharatNet is a flagship program for the digital empowerment of rural India through ubiquitous high-speed broadband connectivity. Today’s announcement serves as a strong endorsement of our world-class capabilities in this complex technology area and reflects our emergence as a high-quality, global-scale supplier of IP/MPLS routers for critical infrastructure networks.”
Tejas Networks has a complete range of modular and compact next-generation access and aggregation routers for building terabit-scale IP/MPLS networks that meet stringent performance benchmarks. Powered by a pioneering Software-defined Hardware™ architecture, the company’s indigenously designed carrier-class router portfolio ensures a flexible, scalable and reliable middle mile network for BharatNet.
Arnob Roy, Chief Operating Officer and Executive Director of Tejas Networks said, “Government of India’s BharatNet is a flagship program for the digital empowerment of rural India through ubiquitous high-speed broadband connectivity. Today’s announcement serves as a strong endorsement of our world-class capabilities in this complex technology area and reflects our emergence as a high-quality, global-scale supplier of IP/MPLS routers for critical infrastructure networks.”