The Bharat Sanchar Nigam Limited (BSNL) has reported a profit of Rs 262 crore in the third quarter of the financial year. This is not less than a milestone as it marks the 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% by the end of the financial year. Revenue from Mobility, FTTH, and Leased Lines has increased by 15%, 18%, and 14% respectively over Q3 of the previous year, said Ravi.

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.

BSNL has also  introduced new innovations such as National WiFi Roaming, BiTV – Free Entertainment for All Mobile Customers, and IFTV for All FTTH Customers. 

Key Highlights of BSNL’s Financial Performance & Growth Strategy:

Strong Revenue Growth:

Mobility services revenue grew by 15%.

Fiber-to-the-Home (FTTH) revenue increased by 18%.

Leased Line services revenue rose by 14% over Q3 of the previous year.

Aggressive Network Expansion:

Accelerated 4G rollout and fiber-optic infrastructure upgrades.

Strengthened connectivity across urban and rural areas.