New Delhi, May 27
Bharat Sanchar Nigam Limited (BSNL) on Tuesday reported a net profit of Rs 280 crore for the January-March quarter, making it the second consecutive profitable quarter after the loss-making telecom major surged out of the red for the first time in the October-December quarter of 2024-25.
BSNL had made a loss of Rs 849 crore in the fourth quarter of the previous financial year. The company’s loss for the full financial year 2024-25 has now been reduced by 58 per cent to Rs 2,247 crore in FY-25 from Rs 5,370 crore in FY-24.
The government-owned telecom major’s total income shot by 10 per cent to Rs 23,427 crore during 2024-25 from Rs 21,302 crore in 2023 -24.
The government’s support through strategic revival initiatives, including spectrum allocation, and capital infusion have played a key role in bolstering the company’s operations.
The company recorded an EBITDA (earnings before interest, tax, depreciation and amortisation) of Rs 5,396 crore in 2024-25, up from Rs 2,164 crore in 2023-24. The company’s margin increased to 23.01 per cent, up from 10.15 per cent in FY24.
BSNL also succeeded in cutting expenditure costs during the financial year by 3 per cent to Rs 25,841 crore from Rs 26,673 crore in 2023-24.