Earnings call transcript for Q1 FY 27

AI summary - Q1 FY27 revenue INR402 Cr, +20% q-q; PAT improved slightly; order book grew slightly - Revenue split evenly India/international; order book 93% domestic, 7% international - International 5G radio shipments to Europe; first end-to-end 5G network win in South America - Inventory reduced slightly; net receivables increased to INR2,232 Cr; net debt INR4,277 Cr - BSNL 4G expansion order for 26,000 sites expected soon; AMC revenues to start in next quarters - Wireless business growing internationally; wireline growth driven by data center connectivity and broadband - AI driving 20x traffic growth; investing in 5G-Advanced, 6G, and high-capacity optical products - Path to profitability expected in 12-18 months with revenue growth, margin improvement, and working capital optimization - Warranty provisions elevated due to BSNL rollout; expected to normalize - New products like 1600-D3 data center interconnect in trials; end-to-end wireless and wireline solutions available - Multiple analyst queries on BSNL receivables, international orders, and AI impact; management optimistic on growth and profitability