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BSNL rings in profit after 17 yrs in Q3
Financial Express Kochi
|February 15, 2025
STATE-OWNED BHARAT Sanchar Nigam (BSNL) has reported a profit of ₹262 crore in the October-December quarter, its first since 2007, according to a government release.
In the year-ago period, the company's loss stood at ₹1,569 crore and in the July-September quarter, BSNL's loss was at ₹1,243 crore.
The reason behind the company becoming profitable can be attributed to an increase in revenue from mobility, fibre-to-the-home, and leased lines, which increased 15%, 18%, and 14% year-on-year, respectively.
Additionally, BSNL has successfully reduced its finance cost and overall expenditure, leading to a positive bottom line impact of over ₹1,800 crore, compared to last year.
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