India, April 16 -- Tejas Networks has reported a sharp decline in financial performance for FY26, citing delays in orders and the completion of its initial 4G deployment for Bharat Sanchar Nigam Limited (BSNL) as key factors behind the downturn.

The company's revenue from operations fell significantly to Rs 1,103 crore during the financial year, while it posted a net loss of Rs 909 crore, compared with a profit of Rs 447 crore in the previous year. The results were announced following the close of trading alongside its March quarter earnings.

Investor sentiment weakened after the announcement, with the company's shares declining by around 6% in early trading to approximately Rs 423.50. Concerns have centred on profitability pressures, r...