Tejas Networks reported a consolidated loss of Rs 196.55 crore for the October-December quarter, marking its second consecutive quarter of losses. This downturn is primarily attributed to significantly lower sales, including a delayed purchase order from BSNL. Revenue plunged by approximately 88% year-on-year to Rs 306.79 crore. The company holds substantial inventory expected to be converted to revenue in upcoming months and notes ongoing private 5G deployments and PLI incentives.