India's Tejas Networks slips as fourth-quarter loss widens, revenue sinks
16/04/2026 05:32
** Shares of Tejas Networks TEJS.NS fall as much as 6.1% to 422.50 rupees, their lowest point in more than one week ** The telecom gear supplier posts fourth-quarter loss of 2.11 billion rupees ($22.63 million) vs year-ago loss of 718 million rupees ** Tejas' fourth-quarter revenue sinks 83% to 3.33 billion rupees ** YTD, stock down 4.2% ($1 = 93.2562 Indian rupees) (Reporting by Brijesh Patel in Bengaluru) ((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))
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