Tejas Networks Ltd.Revenue +55%, order book ₹2,315 Cr, EBITDA -₹108 Cr

Tejas Networks' Q2 FY27 call, held on 16 October 2026, reported revenue of ₹406 crore, up 55% on the year and flat on Q1, with H1 revenue up about 74% to ₹808 crore.

EBITDA was a loss of ₹108 crore against ₹293 crore a year ago but wider than ₹99 crore in Q1, and the loss after tax was ₹207 crore. The order book rose to ₹2,315 crore from ₹1,529 crore after a letter of intent for 18,685 BSNL 4G sites, with 96% of orders from India. Management said significant BSNL collections tied to achieved milestones should arrive this quarter and that inventory of ₹2,314 crore and debt of ₹4,384 crore should fall as the order ships.

International was 12% of revenue and 4% of the order book, with first end-to-end 5G shipments to South America and trials in North America and Asia Pacific. Management gave no profit date, no revenue guidance and no BSNL dues figure.