Tejas Networks reported Q1 FY27 revenue of INR 402 Cr (21% QoQ growth), with PBT improving to negative INR 271 Cr.

The order book saw a slight increase to INR 1,529 Cr, primarily domestic (93%). Key highlights include first international 5G radio wins in Europe and an end-to-end 5G network deal in South America.

Management anticipates the BSNL 4G expansion order soon, expected to help clear receivables and inventory.

The company is bullish on an AI-driven future, actively investing in 5G-Advanced, 6G, and high-capacity optical products.

Tejas targets positive EBITDA/EBIT and eventual PAT profitability within 12-18 months.

Sentiment appears confident regarding future growth drivers.