Bengaluru, April 29, 2025 – Ahead of the World Audio Visual & Entertainment Summit (WAVES) 2025, Tejas Networks [BSE: 540595, NSE: TEJASNET] and Intel today announced the successful integration of Direct-to-Mobile (D2M) capability in Intel-powered laptops enabling delivery of educational content to students across India leveraging Artificial Intelligence (AI).
D2M is a broadcasting technology developed as part of an ongoing proof-of-concept at IIT Kanpur. It uses terrestrial TV broadcast airwaves to deliver live TV, Video, Audio and text messages (multimedia content) of public and national importance such as entertainment, sports, educational programming and emergency alerts directly to mobile phones and compute devices without the need for Wi-Fi or internet service.
Universal access to education is a critical prerequisite for achieving Hon’ble Prime Minister Narendra Modi’s vision for a Viksit Bharat by 2047
By integrating D2M into Intel’s personal computing (PC) platform, Tejas Networks and Intel have laid the foundation for a fully integrated compute device that is ready to deliver education without connectivity barriers in a cost-effective manner. This collaboration between Intel and Tejas Networks is a testament to ‘Design in India’ and ‘Make in India’ efforts. The innovative laptop design is powered by Intel processor and an embedded antenna coupled with Tejas – Saankhya SL-3000 SDR chipset for enabling D2M services. Tejas Networks has also developed a suite of infrastructure hardware and software products for D2M network deployment. The end-to-end indigenously developed technology powered by SL-3000 SDR chipset has been under test in live networks by Prasar Bharati in partnership with IIT Kanpur and Tejas Networks over the last few years
Parag Naik, Executive Vice President, Tejas Networks, said, “With the integration of D2M chipsets into Intel-powered laptops, we are unleashing a revolutionary leap in educational content delivery. Leveraging the multicast architecture of ATSC 3.0, D2M platform allows simultaneous transmission of diverse educational content—each tailored for different grades, school boards, or languages—directly to students, even in connectivity-underserved geographies. The award-winning SDR chipset for D2M is powered by an indigenous multi-core DSP architecture that has gone through two generations of field hardening. D2M is a scalable, cost-effective, and resilient system that ensures inclusive, high-quality learning, no matter where the learner is situated and will catalyze the country’s emergence as a knowledge powerhouse in the coming years.”
Gokul Subramaniam, President Intel India and Vice President, Client Computing Group, said, “Intel continues to innovate with the ecosystem to bring unique computing experiences to the users and enable them to perform tasks that can transform their lives. D2M technology, as part of our collaborative effort with Tejas Networks, opens a range of new possibilities to deliver content through personal computing and edge devices. We believe the possibilities with this capability in a PC are far reaching for education in India and globally.
Shashi Shekhar Vempati, Chairperson of UGC Committee on Educational Media Reforms said, “In line with Hon’ble Prime Minister Narendra Modi’s vision for a Viksit Bharat (Developed India) by 2047, the integration of D2M broadcasting technology with AI-capable edge computing can lead to a full-stack (chips to platform) deep-tech public goods infrastructure purpose-built to deliver high quality educational content to India’s youth. This initiative also aligns with the National Education Policy (NEP) 2020’s vision of equitable and inclusive education by helping overcome digital access barriers for students nationwide.”
D2M is a broadcasting technology developed as part of an ongoing proof-of-concept at IIT Kanpur. It uses terrestrial TV broadcast airwaves to deliver live TV, Video, Audio and text messages (multimedia content) of public and national importance such as entertainment, sports, educational programming and emergency alerts directly to mobile phones and compute devices without the need for Wi-Fi or internet service.
Universal access to education is a critical prerequisite for achieving Hon’ble Prime Minister Narendra Modi’s vision for a Viksit Bharat by 2047
By integrating D2M into Intel’s personal computing (PC) platform, Tejas Networks and Intel have laid the foundation for a fully integrated compute device that is ready to deliver education without connectivity barriers in a cost-effective manner. This collaboration between Intel and Tejas Networks is a testament to ‘Design in India’ and ‘Make in India’ efforts. The innovative laptop design is powered by Intel processor and an embedded antenna coupled with Tejas – Saankhya SL-3000 SDR chipset for enabling D2M services. Tejas Networks has also developed a suite of infrastructure hardware and software products for D2M network deployment. The end-to-end indigenously developed technology powered by SL-3000 SDR chipset has been under test in live networks by Prasar Bharati in partnership with IIT Kanpur and Tejas Networks over the last few years
Parag Naik, Executive Vice President, Tejas Networks, said, “With the integration of D2M chipsets into Intel-powered laptops, we are unleashing a revolutionary leap in educational content delivery. Leveraging the multicast architecture of ATSC 3.0, D2M platform allows simultaneous transmission of diverse educational content—each tailored for different grades, school boards, or languages—directly to students, even in connectivity-underserved geographies. The award-winning SDR chipset for D2M is powered by an indigenous multi-core DSP architecture that has gone through two generations of field hardening. D2M is a scalable, cost-effective, and resilient system that ensures inclusive, high-quality learning, no matter where the learner is situated and will catalyze the country’s emergence as a knowledge powerhouse in the coming years.”
Gokul Subramaniam, President Intel India and Vice President, Client Computing Group, said, “Intel continues to innovate with the ecosystem to bring unique computing experiences to the users and enable them to perform tasks that can transform their lives. D2M technology, as part of our collaborative effort with Tejas Networks, opens a range of new possibilities to deliver content through personal computing and edge devices. We believe the possibilities with this capability in a PC are far reaching for education in India and globally.
Shashi Shekhar Vempati, Chairperson of UGC Committee on Educational Media Reforms said, “In line with Hon’ble Prime Minister Narendra Modi’s vision for a Viksit Bharat (Developed India) by 2047, the integration of D2M broadcasting technology with AI-capable edge computing can lead to a full-stack (chips to platform) deep-tech public goods infrastructure purpose-built to deliver high quality educational content to India’s youth. This initiative also aligns with the National Education Policy (NEP) 2020’s vision of equitable and inclusive education by helping overcome digital access barriers for students nationwide.”
Q4 25 revenue of Rs. 1,907 crore (YoY 44%) and Net Loss of Rs.72 crore
FY 25 revenue of Rs. 8,923 crore (YoY 261%) and Net Profit of Rs. 447 crore
Dividend payout of 25% (Rs. 2.5 per equity share) for FY 25
Tejas Networks [BSE: 540595, NSE: TEJASNET] today reported its financial results for the fourth quarter ended March 31, 2025. Tejas Networks designs, develops, manufactures and sells high-performance telecom and networking products, which are used to build high-speed communication networks.
On completion of 25 years of operations and considering performance of the company, the Board has recommended a dividend of 25% (INR 2.5/share) subject to approval of the shareholders
Mr. Anand Athreya, Managing Director and CEO of Tejas Networks said, “In Q4-FY25 we completed deliveries of 100,000+ sites for the BSNL 4G/5G network which is one of the largest single-vendor RAN networks delivered in record time. We had key wins for our leading edge Optical, PTN and FTTx products in mobile backhaul, broadband services and power utility networks. During the quarter we signed a technology collaboration agreement with NEC for development and marketing of advanced RAN technologies and joint go-to-market”
Mr. Sumit Dhingra, CFO said, “In Q4-FY25 we had a strong YoY growth with a revenue of Rs. 1,907 crore. We ended the quarter with an order book of Rs. 1,019 crore and a net loss of Rs. 72 crore, due to increased investments in R&D and one-time charges in certain inventory and R&D expenses. We ended FY25 with a revenue of Rs. 8,923 crore and net profit of Rs. 447 crore, a significant growth over FY24”.
FY 25 revenue of Rs. 8,923 crore (YoY 261%) and Net Profit of Rs. 447 crore
Dividend payout of 25% (Rs. 2.5 per equity share) for FY 25
Tejas Networks [BSE: 540595, NSE: TEJASNET] today reported its financial results for the fourth quarter ended March 31, 2025. 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 | ||||
|---|---|---|---|---|
| Q4-FY25 | Q4-FY24 | FY25 | FY24 | |
| Net Revenue | 1,907 | 1,327 | 8,923 | 2,471 |
| PBT | (45) | 233 | 698 | 100 |
| PAT | (72) | 147 | 447 | (63) |
On completion of 25 years of operations and considering performance of the company, the Board has recommended a dividend of 25% (INR 2.5/share) subject to approval of the shareholders
Mr. Anand Athreya, Managing Director and CEO of Tejas Networks said, “In Q4-FY25 we completed deliveries of 100,000+ sites for the BSNL 4G/5G network which is one of the largest single-vendor RAN networks delivered in record time. We had key wins for our leading edge Optical, PTN and FTTx products in mobile backhaul, broadband services and power utility networks. During the quarter we signed a technology collaboration agreement with NEC for development and marketing of advanced RAN technologies and joint go-to-market”
Mr. Sumit Dhingra, CFO said, “In Q4-FY25 we had a strong YoY growth with a revenue of Rs. 1,907 crore. We ended the quarter with an order book of Rs. 1,019 crore and a net loss of Rs. 72 crore, due to increased investments in R&D and one-time charges in certain inventory and R&D expenses. We ended FY25 with a revenue of Rs. 8,923 crore and net profit of Rs. 447 crore, a significant growth over FY24”.
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.”
“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.
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.”
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.”
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.”
