Tata Group stock is engaged in designing, developing, and manufacturing high-performance networking products for telecommunications service providers and other sectors and is in focus after the company reported a 374.32 percent YOY increase in revenue.
Stock Price Movement:
In Monday’s trading session, Tejas Networks Limited’s share reached an intraday high of Rs. 882.30 per equity share, rising 1.45 percent from its previous day’s close price of Rs. 869.70. The stock opened at Rs. 875 and is currently trading at Rs. 863.70. The market capitalization now stands at approximately Rs. 15,179.97 crores.
Q3 FY25 Result Walkthrough:
Coming into the quarterly results of Tejas Networks Limited, the company’s consolidated revenue from operations increased by 374.32 percent YOY, from Rs. 559.96 crore in Q3 FY24 to Rs. 2,642.24 crore in Q3 FY25, and grew by 6.01 percent QoQ from Rs. 2,811 crore in Q2 FY25.
Further, the company’s EBIT has turned negative into positive, from Rs. -56 crore in Q3 FY24 to Rs. 260 crore in Q3 FY25.
In Q3 FY25, Tejas Networks Limited’s consolidated has turned negative into positive, from a net loss of Rs. -44.77 crore in Q3 FY24 to a profit Rs. 165.67 crore in Q3 FY25. As compared to Q2 FY25, the net profit has decreased by 39.80 percent, from Rs. 275.18 crore.
The basic earnings per share decreased by 41.22 percent and stood at Rs 9.44 as against Rs 16.06 recorded in the previous quarter.
Order book:
The company ended Q3 with a strong order book of INR 2,681 Cr, reflecting steady growth across wireless and wireline segments, ongoing 4G/5G deployments, broadband expansions, and increasing engagements in domestic and international markets.
Upcoming Projects and Opportunities:
The company is preparing for major projects, including BSNL’s 4G expansion, 5G upgrades, and BharatNet Phase 3, expected in late FY25 and early FY26. It is also investing in utility networks and expanding WDM backbones.
The company is actively testing private 5G applications and exploring big opportunities in the U.S. for network modernization and broadband expansion. It currently employs over 2,350 people, with more than 60 percent working in research and development, driving innovation and future growth.
Business Highlights:
In the wireless business, the company completed RAN supplies for over 27,000 sites in Q3, bringing the total to more than 86,000 for BSNL’s 4G/5G network. The company developed radios in five bands (700 MHz to 2.6 GHz) with single and dual-band options. The company continues POCs with domestic operators and engages global players for high-power 5G radios.
In the wireline business, the company signed a 3-year Vodafone Idea contract for 4G/5G mobile backhaul equipment. The company secured broadband equipment orders for BharatNet in Tamil Nadu. It completed a POC for U.S. network modernization and received initial orders. The company expands mobile backhaul in Asia, strengthening its global presence.
Written By – Nikhil Naik
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