Tejas Networks Limited — Investor Meet, 16-01-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Tejas Networks reported Q3 FY26 revenue of INR 307 Cr (+17% QoQ), with a negative PAT of INR 197 Cr. The order book reached INR 1,329 Cr. High inventory (INR 2,363 Cr) is primarily held for the delayed BSNL 4G add-on order. Management emphasized scaling international wireless business, with trials progressing to commercial negotiations. The BSNL project is seen as a platform for global expansion. The company is bullish on long-term growth driven by technology transitions, AI data demand, and global 4G/5G deployments, expecting improved margins from international markets.