Tejas Networks reported a mixed performance for the quarter ended March 31, 2026, with revenue improving sequentially but losses widening and operating performance remaining weak.
The company reported a net loss of ₹211.3 crore in Q4FY26, widening from a loss of ₹196.6 crore in the previous quarter, marking a 7.5% increase QoQ.
Revenue from operations rose to ₹332.7 crore in Q4FY26 from ₹306.8 crore in Q3FY26, reflecting an 8.4% growth QoQ.
At the operating level, EBITDA remained negative at ₹(117.9) crore in Q4FY26, compared to ₹(132.0) crore in the previous quarter, showing an improvement of 10.7% QoQ. EBITDA margin, however, stood at -35.4% in Q4FY26 versus -43.0% in Q3FY26, indicating continued pressure despite sequential improvement.
Total expenses increased to ₹623.8 crore in Q4FY26 from ₹617.2 crore in the previous quarter.
Overall, the sequential performance reflects modest recovery in revenue and operating metrics, though the company continues to report losses at both operating and net levels.