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BSNL Back in Loss After 2 Profitable Quarters in a Row

Mint Chennai

|

August 19, 2025

After reporting profits for two consecutive quarters in 18 years, state-owned telecom operator Bharat Sanchar Nigam Ltd (BSNL) has returned to the red, with a net loss of ₹1,049 crore in the June quarter.

- Jatin Grover

This marks a sharp reversal from the March-quarter profit of ₹280 crore and the December-quarter profit of ₹262 crore, according to its financial statements seen by Mint.

BSNL's revenue from operations fell 24% quarter-on-quarter to ₹5,029.6 crore, with declines across all segments—consumer mobility, enterprise, and consumer fixed access.

MEER VERHALEN VAN Mint Chennai

Mint Chennai

Rare-earth magnets: Why an ‘India fix’ is not enough

Earlier this year, a Pune firm quietly solved a problem that has vexed policymakers for decades.

time to read

3 mins

December 02, 2025

Mint Chennai

Anil Ambani moves SC over fraud tag

Industrialist Anil Ambani has moved the Supreme Court challenging an order of the Bombay High Court which upheld the State Bank of India’s (SBI) decision classifying his and Reliance Communications’ accounts as fraud.

time to read

1 min

December 02, 2025

Mint Chennai

Mandatory app may trigger pushback

misuse of mobile phones in various scams.

time to read

2 mins

December 02, 2025

Mint Chennai

Mint Chennai

Automakers report brisk sales in Nov, demand remains robust

With demand continuing to be strong post the festive season, leading automakers, Maruti Suzuki, Tata Motors and Mahindra & Mahindra, saw robust sales growth in November as compared to a year ago.

time to read

1 mins

December 02, 2025

Mint Chennai

IT’S A HOLD FOR NOW FOR THE MPC, TRACING TRADE TALKS FOR PATH AHEAD

Economists often defer to the quote by Keynes, ‘When my information changes, I alter my conclusions’, and Friday evening turned out to be one such case.

time to read

3 mins

December 02, 2025

Mint Chennai

UK lawmaker Tulip Siddiq sentenced in Bangladesh graft case

Bangladesh court sentenced British lawmaker and former minister Tulip Siddiq in absentia to two years in jail on Monday in a corruption case involving the alleged illegal allocation of a plot of land, prosecutors said.

time to read

1 min

December 02, 2025

Mint Chennai

Mint Chennai

Centre's tobacco tax recast to lift states’ excise revenue

The duty on tobacco would rise from 64% to 70% once the amended law is implemented

time to read

2 mins

December 02, 2025

Mint Chennai

IT growth trails global clients amid shifting tech spending

Automation, product spends, in-house tech centre investments contributed to decoupling

time to read

2 mins

December 02, 2025

Mint Chennai

Are gifts from NRIs to residents taxable?

I am an NRI who is living in Dubai for the past six years. I had acquired shares of an unlisted Indian firm using surplus fund from my NRO account in India. I wish to gift the shares to my father, who is a resident of India. Will this transfer attract any tax in India?

time to read

1 mins

December 02, 2025

Mint Chennai

Mint Chennai

Gen Z shoppers aren't spending like retailers need them to

More than other generations, 20-somethings are tightening their holiday-season budgets because of economic pressures

time to read

4 mins

December 02, 2025

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