Tejas Networks' Q2 FY 2025-26 Quarterly Results

Result Summary

• Tejas Networks Ltd reported a 26.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 90.5%.
• Its expenses for the quarter were up by 45.6% QoQ and down 69.3% YoY.
• The net profit increased 58.4% QoQ and decreased 211.6% YoY.
• The earnings per share (EPS) of Tejas Networks Ltd declined at 17.38 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Tejas Networks Ltd is a telecommunications equipment company based in India. The company is primarily focused on designing, developing, and selling high-performance optical and data networking products. These products are used in telecommunications networks by service providers and utilities as well as in the networks of enterprises and government entities. The company operates within the technology and communications industry, which is characterized by rapid technological advancements and evolving consumer demands. Recent developments concerning Tejas Networks Ltd are not available within the provided data, and any further details would require additional information or research beyond the scope of this analysis.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Tejas Networks Ltd reported a total income of ₹267.83 crores. This reflects a quarter-over-quarter (QoQ) increase of 26.6% from ₹211.53 crores in the first quarter of fiscal year 2026 (Q1FY26). However, when compared year-over-year (YoY), there is a significant decline of 90.5% from ₹2821.87 crores reported in the second quarter of fiscal year 2025 (Q2FY25). The substantial YoY decrease suggests a notable change in revenue-generating activities or market conditions compared to the previous year. The QoQ growth indicates a recovery or improvement from the previous quarter within the same fiscal year.

Profitability

Tejas Networks Ltd's profitability metrics for Q2FY26 reflect a challenging financial situation. The company reported a loss before tax of ₹472.99 crores, which widened from a loss of ₹297.35 crores in Q1FY26, marking a QoQ increase in losses by 59.1%. Compared to Q2FY25, when the company had a profit before tax of ₹410.51 crores, the YoY change shows a decline of 215.2%. Similarly, the profit after tax in Q2FY26 was a negative ₹307.13 crores, up from a loss of ₹193.87 crores in Q1FY26, representing a QoQ increase in losses by 58.4%. In contrast, this figure reflects a YoY decline of 211.6% from a profit of ₹275.18 crores in Q2FY25. The earnings per share (EPS) also followed a similar trend with a negative value of ₹-17.38 in Q2FY26, compared to ₹-10.99 in Q1FY26, and a YoY decline from ₹15.75 in Q2FY25.

Operating Metrics

The total expenses for Tejas Networks Ltd in Q2FY26 amounted to ₹740.82 crores, which is a 45.6% increase from ₹508.88 crores in Q1FY26. This rise in expenses may reflect changes in operational costs or strategic investments. When compared with Q2FY25, where expenses were ₹2411.36 crores, there is a YoY decrease of 69.3%. The tax expense for Q2FY26 was a negative ₹165.86 crores, up from a negative ₹103.48 crores in Q1FY26, marking a 60.3% increase in tax-related outflows. This contrasts sharply with the positive tax expense of ₹135.33 crores in Q2FY25, showing a YoY decline of 222.6%. The trends in operating metrics indicate significant fluctuations in both expenses and tax liabilities over the observed periods, contributing to the overall financial performance of the company.