New Delhi, Feb 14 (UNI) State-owned telecom firm Bharat Sanchar Nigam Limited (BSNL) on Friday reported a profit of Rs 262 crore in the third quarter of the current financial year, marking its first return to profitability since 2007.
Announcing the quarterly financial results, A. Robert J. Ravi, CMD, BSNL, said, “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 further, exceeding 20 per cent by the end of the financial year. Revenue from Mobility, FTTH, and Leased Lines has increased by 15 per cent, 18 per cent, and 14 per cent respectively over Q3 of the previous year. Additionally, BSNL has successfully reduced its finance cost and overall expenditure, leading to a decline in losses by over Rs 1,800 crore compared to last year.”
To enhance our customer experience, we have introduced new innovations such as National WiFi Roaming, BiTV – Free Entertainment for All Mobile Customers, and IFTV for All FTTH Customers, he added.
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.
This Rs 262 crore profit underscores BSNL’s resurgence and long-term sustainability. As we continue on this growth trajectory, we remain committed to delivering higher value to our shareholders, expanding market opportunities, and driving innovation, the CMD said.
Key Highlights of BSNL’s Financial Performance & Growth Strategy are – Mobility services revenue grew by 15 per cent; Fiber-to-the-Home (FTTH) revenue increased by 18 per cent; Leased Line services revenue rose by 14 per cent over Q3 of the previous year.
Accelerated 4G rollout and fiber-optic infrastructure upgrade, strengthened connectivity across urban and rural areas, Customer-Centric Digital Innovations among others were focus areas during the quarter.
BSNL said that strategic revival initiatives, spectrum allocation, and capital infusion in terms of Government support have bolstered our operations.
This financial turnaround underscores BSNL’s commitment to providing high-quality, affordable telecom services while driving India’s digital growth. The company remains dedicated to enhancing service delivery, expanding its customer base, and contributing to the Digital India and Atmanirbhar Bharat vision, it added.
