Bharat Sanchar Nigam Limited Returns to Profitability
Analysis based on 7 articles · First reported Feb 14, 2025 · Last updated Feb 14, 2025
The return to profitability for Government of India — BSNL after 17 years is a positive signal for the Indian telecom sector, indicating successful government-backed revival efforts. This could lead to increased investor confidence in state-owned enterprises and potentially foster greater competition in the market.
Government of India — BSNL (BSNL), a state-owned telecom operator, has reported a net profit of Rs 262 crore for the December quarter of FY2024-25, marking its first quarterly profit in 17 years. Union Minister for Communications Jyotiraditya Scindia hailed this as a significant turning point, attributing it to the company's focus on service expansion, cost optimization, and a growing subscriber base. Government of India — BSNL saw revenue growth of 14-18% across its mobility, Fiber-to-the-Home (FTTH), and leased line services, with its subscriber base increasing to 9 crore. The company also reduced finance costs and overall expenditure, cutting losses by over Rs 1,800 crore compared to the previous year, and its EBITDA doubled in the last four years. Government of India — BSNL is also progressing with its nationwide 4G rollout, with 75,000 out of 100,000 planned towers installed and 60,000 commissioned, aiming for full operationalization by June.
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