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.”
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.”
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.
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.”
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.”
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.”
Q1 25 revenue was Rs. 1,563 crore (YoY 731%) and Net Profit was Rs.77 crore
Tejas Networks [BSE: 540595, NSE: TEJASNET] today reported its financial results for the first quarter ended June 30, 2024. Tejas Networks designs, develops, manufactures and sells high-performance telecom and networking products, which are used to build high-speed communication networks.
Mr. Anand Athreya, Managing Director and CEO of Tejas Networks said, “In Q1-FY25 we significantly scaled up our wireless manufacturing capacity and deliveries, leading to approximately 27,000 sites shipped cumulatively. In this quarter we also made releases for new radios in additional 4G bands, for production in Q2. Our wireline business was mainly driven by shipments to our run-rate customers for GPON and DWDM equipment, both in India and globally. We also won strategic deals with an operator in the US for network modernization, and a leading operator in SE Asia for broadband rollout.”
Mr. Sumit Dhingra, CFO said, “In Q1-FY25 we continued our strong QoQ and YoY growth with a revenue of 1,563 crore. We ended the quarter with an order book of Rs. 7,091 crore and a net profit of Rs. 77 crore. We continue to increase investments in R&D and operations which is important for long term growth and value creation. The merger of Saankhya Labs with Tejas is in an advanced stage and the NCLT has reserved the matter for orders.”
Tejas Networks [BSE: 540595, NSE: TEJASNET] today reported its financial results for the first quarter ended June 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 | |||
|---|---|---|---|
| Q1-FY25 | Q1-FY24 | FY24 | |
| Net Revenue | 1,536 | 188 | 2,471 |
| PBT | 122 | (66) | 100 |
| PAT | 77 | (26) | 63 |
Mr. Sumit Dhingra, CFO said, “In Q1-FY25 we continued our strong QoQ and YoY growth with a revenue of 1,563 crore. We ended the quarter with an order book of Rs. 7,091 crore and a net profit of Rs. 77 crore. We continue to increase investments in R&D and operations which is important for long term growth and value creation. The merger of Saankhya Labs with Tejas is in an advanced stage and the NCLT has reserved the matter for orders.”
Tejas Networks [BSE: 540595, NSE: TEJASNET] today announced that it has been conferred the prestigious Pandit Deendayal Upadhyaya Telecom Excellence Award-2023 in the ‘Telecom Equipment Research and Manufacturing’ category. Instituted by the Department of Telecommunications, Government of India, the awards recognize exemplary and outstanding contributions in the areas of telecom innovations, skilling, services, manufacturing and applications.
The award was presented by Shri Jyotiraditya Scindia, Hon’ble Minister of Communications and Development of North Eastern Region, Government of India at a function organized at The Oberoi, New Delhi yesterday evening. The ceremony was also graced by Dr. Neeraj Mittal, IAS, Chairman DCC & Secretary (T), Department of Telecommunications.
Speaking on the occasion, Dr. Kumar N. Sivarajan, CTO & Co-founder of Tejas Networks said, “We are delighted to win the prestigious Pandit Deendayal Upadhyaya Telecom Excellence Award for advancing telecom innovations and equipment manufacturing. As a leading R&D driven telecom and networking company, the award underscores our strong commitment and consistent focus on technology excellence and design-led manufacturing. Over the years, this has enabled us to create a world-class product portfolio spanning wireless, broadband, optical and packet networking technologies, all of which are conceived, designed and manufactured in India. Government of India’s forward-looking policies to promote Atmanirbharta in the telecom sector are helping us to further enhance our R&D and manufacturing capabilities to achieve global scale.”
The award was presented by Shri Jyotiraditya Scindia, Hon’ble Minister of Communications and Development of North Eastern Region, Government of India at a function organized at The Oberoi, New Delhi yesterday evening. The ceremony was also graced by Dr. Neeraj Mittal, IAS, Chairman DCC & Secretary (T), Department of Telecommunications.
Speaking on the occasion, Dr. Kumar N. Sivarajan, CTO & Co-founder of Tejas Networks said, “We are delighted to win the prestigious Pandit Deendayal Upadhyaya Telecom Excellence Award for advancing telecom innovations and equipment manufacturing. As a leading R&D driven telecom and networking company, the award underscores our strong commitment and consistent focus on technology excellence and design-led manufacturing. Over the years, this has enabled us to create a world-class product portfolio spanning wireless, broadband, optical and packet networking technologies, all of which are conceived, designed and manufactured in India. Government of India’s forward-looking policies to promote Atmanirbharta in the telecom sector are helping us to further enhance our R&D and manufacturing capabilities to achieve global scale.”
