THIS Tata Group Stock Crashes 11% After Reporting Rs 71 Cr Loss in Q4; Do You Own?

Tejas Network Stock Price Today: Shares of Tejas Network nosedived more than 10% on Monday, as stock market investors reacted to the Tata subsidiary's dismal Q4 result. Tejas Network reported a net consolidated loss of Rs 71 crore during the March quarter for the financial year 2024-25.

Tejas Network shares opened at Rs 726.10 per share on the BSE on Monday. The company scrip was down 11.46% on BSE at 1:30 pm with a market capitalisation of Rs 13,432.24 crore. The company scrip hit a 52-week-high mark of Rs 1,495.10 apiece on BSE on 27 June 2024. Whereas, its stock hit a 52-week low of Rs 647 per share on the BSE on Monday.

Tejas Network Q4 Result

Tejas Network reported a net loss of Rs 71.8 crore during the quarter under review after reporting profit for the four consecutive quarters. The company had reported a net profit of Rs 165.42 crore in the quarter ending in December, which declined from the net profit of Rs 266.18 crore reported in the September quarter.

Its revenue for the December quarter for the financial year 2024-25 increased by 43.7% to rs 1906.9 crore. Tejas Network's Earning Before Interest, Tax Depreciation and Amortisation (EBITDA) declined to Rs 21 crore in the fourth quarter.

Tejas Network Dividend

Telecom Equipment & Accessories company also announced a dividend of Rs 2.5 per share for the financial year 2024-25. "We ended the quarter with an order book of Rs. 1,079 crore and a net loss of Rs. 72 crore, due to increased investments in R&D and one-time charges in certain inventory and R&D expenses. We ended FY25 with a revenue of Rs. 8,923 crore and net profit of Rs. 447 crore, a significant growth over FY24," noted Sumit Dhingra, CFO Tejas Network.

Tejas Network Stock Price Trend

The company scrip hit its lower circuit mark on Monday. Tejas Network share price value has declined over 35.39% year to date (YTD), and by 25.81 in last one year. The company was founded in 2000 and is involved in the development, designing and manufacturing of high-performance, carrier-class equipment required for building telecommunication networks.

It deals with extensive portfolio of wireless (4G/5G), optical, broadband and data networking products that are used by telecommunications service providers, internet service providers, utility companies, defence and government entities in 75+ countries. It provides products which are utilised at various locations in a telecom network including cell towers, telecom exchanges, data centers, utility sites and customer premises.

Company's trade receivables during the December quarter increased marginally to Rs 4884 crore due to higher shipments during the quarter. Tejas Network' borrowing stood at Rs 3269 crore by the end of the quarter for working capital purposes.For the financial year 2025-26, company has projects in pipeline in the government sector as well with the private sector entities.

The company had completed deliveries for the BSNL 4G/5G network and finalised technology collaboration agreement with NEC for development and marketing of advanced RAN technologies and joint go-to-market initiatives, according to Anand Athreya.