Tata Group’s Tejas Networks Posts Rs 71.8 Crore Q4 Loss on 43.7% Revenue Rise; Shares Drop Over 15%

Tejas Networks, a telecommunications equipment company owned by the Tata Group, reported a consolidated net loss of Rs 71.80 crore for the fourth quarter of fiscal year 2025, compared to a profit of Rs 146.8 crore in the same period last year. Despite a 43.7% increase in revenue to Rs 1,906.9 crore, the company's shares fell sharply, declining as much as 15.6% to Rs 726.10 on the BSE. Other companies also reported mixed quarterly results: Sasken Technologies saw its profit drop 36% to Rs 11.02 crore while revenue rose 35.8% to Rs 148.01 crore, and the board declared a final dividend of Rs 13 per share. Zensar Technologies posted a 1.8% increase in profit to Rs 176.4 crore and a 10.5% rise in revenue to Rs 1,358.9 crore, with a final dividend of Rs 11 per share recommended. L&T Finance shares fell 8% following their Q4 earnings announcement. Shriram Finance shares declined 9% after the release of Q4 results and subsequent analyst earnings cuts. Ramkrishna Forgings plunged 12% to a 52-week low on heavy volumes. Tata Technologies shares rose 3% post-Q4 results, though analysts warned of a potential 30% decline. Additionally, a BSE 500 IT company declared a 60% final dividend and announced a merger, while a company associated with Anand Mahindra declared a 325% dividend with a record date fixed.