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Tejas Networks [BSE: 540595, NSE: TEJASNET] today appointed Sanjay Malik, former India Country Head of Nokia, as EVP – Chief Strategy and Business Officer. In this role, Sanjay will work with the CEO and the senior management team at Tejas to drive the overall corporate strategy, business management and engagement with various stakeholders including government, customers and partners across India and International markets.

“With a world-class product portfolio, deep technology expertise and promising successes both in the domestic and international markets, Tejas stands on the cusp of a major transformation. I welcome Sanjay Malik to the senior leadership team at Tejas as it embarks on this journey to become a global brand in the telecom sector,” said N. Ganapathy Subramaniam, Chairman of the Board of Directors at Tejas Networks. “Sanjay is an outstanding leader with an impressive track record of successfully leading transformative initiatives. I am confident that Sanjay will be able to leverage his extensive industry knowledge and expertise to help the company scale new heights,” he added.

“We are thrilled that Sanjay Malik, a telecom industry veteran and a seasoned business leader is joining our team. Sanjay has an exceptional background in leading top-tier equipment companies in the telecommunications sector. Sanjay’s rich experience and management acumen will be invaluable as we continue to build our organization to achieve global success,” said Anand Athreya, CEO and MD of Tejas Networks.

Sanjay Malik has extensive experience in the global telecom industry. In his long stint at Nokia spanning over two decades, Sanjay served in a variety of senior leadership roles across strategy, sales, business management and operational execution both in India and globally. Most recently, for nearly eight years, he held the position of SVP and India Country Head and led Nokia India to market leadership position in the country. Sanjay holds a post-graduate degree (MBA) from IIM, Mumbai and has also completed various Executive Leadership Programs in his professional career.

Commenting on his appointment, Sanjay Malik said, “I’m extremely delighted to join and partner with the talented senior leadership team of Tejas Networks in this exciting phase of accelerated growth. As India’s leading indigenous telecom equipment company with an end-to-end portfolio for the service provider and enterprise markets, I believe that Tejas has incredible potential and is well-positioned to realize its ambitious vision. I am excited to start my new mission and support the company emerge as a top-tier global telecom and networking OEM in the coming years.”
Q3 25 revenue of Rs. 2,642 crore (YoY 372%) and Net Profit of Rs.166 crore
9M 25 revenue of Rs. 7,016 crore (YoY 513%) and Net Profit of Rs. 518 crore

Tejas Networks [BSE: 540595, NSE: TEJASNET] today reported its financial results for the third quarter ended December 31, 2024. Tejas Networks designs, develops, manufactures and sells high-performance telecom and networking products, which are used to build high-speed communication networks.

        Amount in Rs. Cr
   Q3-FY25  Q3-FY24  9M-FY25  9M-FY24
 Net Revenue  2,642  560  7,016  1,144
 PBT  211 ((49)  743  (132)
 PAT  166  (45)  518  (84)

Mr. Anand Athreya, Managing Director and CEO of Tejas Networks said, “In Q3-FY25 we made deliveries of 27,000+ sites for the BSNL 4G/5G network, leading to a total of 86,000+ sites delivered till date. We had new customer wins with our GPON, Packet Transport and DWDM products, both in India and globally. We also had increased engagements with our 4G/5G RAN products with several operators worldwide.”

Mr. Sumit Dhingra, CFO said, “In Q3-FY25 we had a strong YoY growth with a revenue of 2,642 crore. We ended the quarter with an order book of Rs. 2,681 crore and a net profit of Rs. 166 crore. In this quarter, we significantly expanded our R&D and manufacturing facilities in line with our business and headcount expansion.”
Tejas Networks [BSE: 540595, NSE: TEJASNET] today announced that it has entered into a three – year contract with Vodafone Idea Limited (“VIL”), a leading telecom service provider in India, to supply its industry-leading TJ1400 and TJ1600 packet and optical transmission products to augment Vodafone Idea’s backhaul capacity and boost network performance across multiple telecom circles in the country.

Mr. Jagbir Singh, CTO Vodafone Idea Limited said “As VIL accelerates its pan-India 4G and 5G rollouts, it is critical to upgrade our backhaul network to be scalable, robust and future-ready to efficiently manage the expected growth in data traffic and rising bandwidth demands. We are pleased to welcome Tejas Networks as our wireline network partner in this journey towards VIL 2.0. Their state-of-the-art PTN and OTN products will play a key role in delivering a superior service experience for our customers.”

Mr. Anand Athreya, CEO and Managing Director of Tejas Networks said, “We are proud to be selected as a partner of Vodafone Idea as they embark on an exciting journey to expand and create a nationwide 4G and 5G network in India. We believe that this is a reflection of our ability to design highly flexible and well-differentiated products that consistently align with the evolving needs of top-tier communication service providers such as VIL while drastically lowering the cost and energy per bit.”
Bengaluru, December 05, 2024: Tejas Networks [BSE: 540595, NSE: TEJASNET] today announced that the company will be supplying its industry-leading GPON OLT, ONT and Management System for the state-led BharatNet Last Mile Connectivity (LMC) project in Tamil Nadu. The project is being implemented by TANFINET (Tamil Nadu FibreNet Corporation Limited), a Special Purpose Vehicle (SPV) set up by the Government of Tamil Nadu with Polycab India Limited (PIL) as the Master System Integrator.

The BharatNet LMC project seeks to extend affordable high-speed connectivity to around 50,000 Government institutions, Public Health Centres and Schools from the nearest BharatNet site at Gram Panchayat/Block/District levels. Further, the LMC infrastructure will also be leveraged to provide FTTH (Fiber to the Home) service to rural households in Tamil Nadu through partnerships with local cable operators and telecom service providers.

Mr. Arnob Roy, COO and Executive Director of Tejas Networks said, “We are delighted to be selected as the primary broadband equipment supplier for this prestigious project. With our modular, feature-rich and future-proof portfolio of multi-gigabit GPON/XGS-PON products delivering enterprise-grade quality of service and resiliency features, Tejas is emerging as a technology partner of choice for both domestic and international FTTH rollouts.”

Mr. Sunil Handoo, Vice President- Sales at Tejas Networks said, “TANFINET’s BharatNet LMC project will enable Tamil Nadu’s rural citizens to experience the real benefits of high-speed broadband in their daily lives and help improve their social and economic well-being. As a leading IPR and R&D-driven company in the telecom and networking sector, we have extensive experience in successfully delivering complex, high-performance networks of national importance. We look forward to working with all stakeholders to ensure a world-class broadband service experience for end-users.”
Q2 25 revenue of Rs. 2,811 crore (YoY 610%) and Net Profit of Rs.275 crore
H1 25 revenue of Rs. 4,374 crore (YoY 649%) and Net Profit of Rs. 353 crore

Tejas Networks [BSE: 540595, NSE: TEJASNET] today reported its financial results for the second quarter ended September 30, 2024. Tejas Networks designs, develops, manufactures and sells high-performance telecom and networking products, which are used to build high-speed communication networks.

        Amount in Rs. Cr
   Q2-FY25  Q2-FY24  H1-FY25  H1-FY24
 Net Revenue  2,811  396  4,374  584
 PBT  411 (18)  532  (84)
 PAT  275  (13)  353  (39)

Mr. Anand Athreya, Managing Director and CEO of Tejas Networks said, “In Q2-FY25 we made record deliveries of 30,000+ 4G sites. We had continued success with GPON and DWDM wins, both in India and globally. We remain focused on expanding our product portfolio and pursuing market opportunities in line with our strategy.”

Mr. Sumit Dhingra, CFO said, “In Q2-FY25 we had a strong QoQ and YoY growth with a revenue of 2,811 crore. We ended the quarter with an order book of Rs. 4,845 crore and a net profit of Rs. 275 crore. In this quarter we also completed the merger of Saankhya Labs with Tejas.”
Tejas Networks [BSE: 540595, NSE: TEJASNET] today announced that Shri Jyotiraditya M. Scindia, Hon’ble Union Minister of Communications and Development of North Eastern Region inaugurated Tejas Center of Excellence for Wireless Communications at their Bangalore Headquarters. As a part of the visit, the Hon’ble Union Minister also launched the company’s indigenously designed 32T32R Massive MIMO radio capable of delivering 1+ Gbps download speeds using 5G mid-band spectrum.

Congratulating Tejas Networks on this occasion, Hon’ble Union Minister Shri Jyotiraditya Scindia said, “Tejas Networks has demonstrated that Indian companies can design and manufacture high-quality, cutting-edge products and successfully compete against the best global players in the telecom sector. I was truly impressed to see the wide range of world-class wireless and wireline products that Tejas has developed in India that form an integral part of all major networks in India and in several countries around the world.”

The “Tejas Center of Excellence for Wireless Communications” at Tejas Networks seeks to advance research in frontier technologies, standards and architectures that will underpin next-generation mobile networks as they evolve towards 6G and beyond. The Center of Excellence houses state-of-the-art modeling tools and test infrastructure to design, prototype and commercialize innovative wireless products and solutions that will support emerging usage scenarios and applications as envisaged in ITU-R’s IMT-2030 (International Mobile Telecommunications) framework. The center currently focuses on contributions in emerging areas such as AI/ML, Integrated Sensing and Communications (ISAC), Massive MIMO, Terahertz Communications, Reconfigurable Intelligent Surfaces (RIS), Sub-band Full Duplex (SBFD) among others.

Anand Athreya, CEO & Managing Director, Tejas Networks said, “We invest significant resources in R&D and IPR creation and our new Center of Excellence showcases our advanced technological capabilities in wireless communications. We are firmly committed to building a top-tier global telecom and networking company from India and will play our part in helping realize Government of India’s vision of an “Atmanirbhar Bharat” in the telecom sector.”
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