Tejas Networks experienced a significant stock price drop of over 12% following the announcement of a Rs 196.55 crore net loss for the October-December quarter, a stark contrast to a Rs 165.67 crore profit in the same period last year. Revenue also plummeted by nearly 88% to Rs 306.79 crore, largely attributed to delays in a major BSNL order. The company holds substantial inventory, expecting conversion and shipment in the coming months.