In Q2 FY26, a key highlight was the successful inauguration of the BSNL 4G network by the Hon’ble PM, across 97,000+ sites built with our 4G RAN product. We became the 5" nation in the world to develop fully indigenous 4G/5G stack. During the quarter we continued to invest in expanding our product portfolio and sales engagements: e Our 64T64R massive MIMO radio was launched by Hon’ble MOC at Indian Mobile Congress e We also launched our state-of-the-art 1.2Tbps DWDM transmission system e Successfully completed our first private 5G RAN deployment under BSNL’s CNPN (Captive Non-Public Network) program and 4G/5G RAN POC in a mobile operator’s network in South Asia e We had increasing traction for our 400G DWDM products with new wins in India, Europe and Africa e We expanded our Wireless International customer engagements through partnerships with NEC and Rakuten.

In Q2 FY26 we had a revenue of Rs. 262 Cr, a QoQ growth of 30%. We ended the quarter with an order book of Rs. 1,204 Cr. We had a net loss of Rs. 307 Cr, largely due to lower revenue and provisions due to manufacturing process losses, warranty and inventory obsolescence (~190 Cr).