Tejas Networks reported a web lack of Rs 71.80 crore for the quarter ended March 2025, in contrast with a web revenue of Rs 146.78 crore in the identical interval a 12 months earlier. This marked the corporate’s first quarterly loss after 4 consecutive worthwhile quarters.
Whereas complete income from operations surged to Rs 1,906.94 crore from Rs 1,326.88 crore a 12 months in the past, profitability was dragged down by a pointy fall in margins. Earnings earlier than curiosity, tax, depreciation and amortisation (EBITDA) slumped to Rs 21 crore from Rs 306.42 crore reported within the base quarter.
In the course of the March quarter, the corporate made a provision of Rs 117 crore for stock obsolescence and write-downs, taking the full-year provision to Rs 181 crore. The telecommunications gear maker additionally wrote off Rs 22 crore of bills associated to intangible property underneath growth.
Commerce receivables rose to Rs 4,884 crore, reflecting larger shipments through the quarter. Borrowings stood at Rs 3,269 crore, principally for working capital functions.
Tejas Networks had introduced its outcomes after market hours on Friday, with the shares closing almost 3% decrease that day at Rs 859.85. The inventory has fallen about 25.6% previously 12 months and almost 11% over the previous week. It’s down almost 50% from its 52-week excessive of Rs 1,495.
Outlook and technical indicators
Regardless of the weak quarterly efficiency, Tejas Networks stated its home alternative pipeline for monetary 12 months 2026 consists of a big mission within the authorities sector, with buyer and utility expansions anticipated throughout each personal and public markets. It is usually working to broaden its international gross sales footprint.
On the technical entrance, the inventory is buying and selling under all eight of its key easy transferring averages, together with the 50-day, 100-day, 150-day and 200-day SMAs. The 14-day Relative Power Index (RSI) stands at 55.9, indicating impartial momentum.
Additionally learn | Tejas Networks shares drop 9% as order ebook shrinks in Q3, stock swells
(Disclaimer: Suggestions, ideas, views and opinions given by the consultants are their very own. These don’t symbolize the views of The Financial Instances)
