BSNL Reports Rs 262 Crore Profit in Q3, Marking First Profit Since 2007

BSNL Reports Rs 262 Crore Profit in Q3, First Positive Earnings Since 2007
Bharat Sanchar Nigam Limited (BSNL) reported a profit of Rs 262 crore in the third quarter of the financial year, marking its first return to profitability since 2007. The state-run telecom company attributed this turnaround to its focus on innovation, customer-centric service improvements, aggressive network expansion, and cost optimisation measures.

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Revenue Growth Across Key Segments

“We are pleased with our financial performance this quarter, which reflects our focus on innovation, customer satisfaction, and aggressive network expansion. With these efforts, we expect revenue growth to improve, exceeding 20 percent by the end of the financial year,” A Robert J Ravi, CMD, BSNL, said in a statement on Friday, February 14, 2025.

This Rs 262-crore profit underscores BSNL’s resurgence and long-term sustainability, Ravi said, adding that the company has successfully reduced its financial costs and overall expenditure, leading to a decline in losses by over Rs 1,800 crore compared to last year.

The company reported that its mobility services revenue grew by 15 percent, while Fiber-to-the-Home (FTTH) revenue increased by 18 percent, and leased line services revenue rose by 14 percent compared to Q3 of the previous year.

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“To enhance our customer experience, BSNL has introduced new innovations such as National WiFi Roaming, BiTV – Free Entertainment for All Mobile Customers, and IFTV for All FTTH Customers. Our continuous focus on Quality of Service and Service Assurance has further strengthened customer trust and reinforced BSNL’s position as a leading telecom service provider in India,” Ravi added.