BSNL's Late PO of 4G Equipment Hurts Tejas Networks Q1 FY26 Results

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BSNL’s Late PO of 4G Equipment Hurts Tejas Networks Q1 FY26 Results

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Bharat Sanchar Nigam Limited (BSNL), a state-run Indian telecom operator, has been purchasing 4G equipment from Tejas Networks. Tejas Networks is a Tata Group owned company which recently declared its Q1 FY26 results. The company’s financials took a hit because of the delayed purchase order (PO) from BSNL for 4G sites. The PO came after the April – June quarter ended. This dragged the telco’s revenue down by 89%, widening the company’s loss to Rs 194 crore.

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During the earnings call of the telco, Arnob Roy, chief operating officer of Tejas Networks, said, “One of the key reasons for the shortfall of revenue in Q1 was the delayed receipt of PO and shipment of 18,000 sites of BSNL 4G network, which we were expecting to do in Q1 but has got delayed a bit.”

BSNL’s 4G journey has helped Tejas Networks boost its reveues and sales throughout the years. It will continue to happen as BSNL upgrades more sites to 4G and deploys 5G too. However, in Q1 FY25, Tejas Networks financials’ took a hit because of the delayed PO from BSNL. The revenue of the telco fell to Rs 202 crore in April – June 2025. Compared to this, in the previous quarter, Tejas had reported a revenue of Rs 1,907 crore. This also dragged the company’s share price on the BSE by more than 5% on Tuesday.