BSNL clocks profit in Q3 FY25 for the first time since 2007

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State-owned telecom operator Bharat Sanchar Nigam Limited (BSNL) has returned to profitability for the first time since 2007, posting a net profit of ₹262 crore for the third quarter of FY25.

A. Robert J. Ravi, CMD, BSNL, said, “With these efforts, we expect revenue growth to improve further, exceeding 20% by the end of the financial year. Additionally, BSNL has successfully reduced its finance cost and overall expenditure, leading to a decline in losses by over ₹1,800 crore compared to last year.”

The profitable quarter follows a frenetic…



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BSNL clocks profit in Q3 FY25 for the first time since 2007


State-owned telecom operator Bharat Sanchar Nigam Limited (BSNL) has returned to profitability for the first time since 2007, posting a net profit of ₹262 crore for the third quarter of FY25.

A. Robert J. Ravi, CMD, BSNL, said, “With these efforts, we expect revenue growth to improve further, exceeding 20% by the end of the financial year. Additionally, BSNL has successfully reduced its finance cost and overall expenditure, leading to a decline in losses by over ₹1,800 crore compared to last year.”

The profitable quarter follows a frenetic…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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