Tejas Networks reported a consolidated loss of Rs 196.55 crore for the October-December quarter, its second consecutive quarterly loss. Revenue from operations fell 88% year-on-year to Rs 307 crore, primarily due to deferred orders from BSNL. Despite the financial downturn, the company secured new contracts for private 5G and railway projects. Tejas Networks holds inventory worth Rs 2,363 crore expected to be converted and shipped soon.