BSNL Records Consecutive Profits
BSNL Records Second Consecutive Quarterly Profit after 18 Years
State-owned telecommunications company, Bharat Sanchar Nigam Limited (BSNL), reported a net profit of Rs 280 crore in the fourth quarter ending March 31, 2025. This marks the second consecutive quarterly profit for the company in the last 18 years, Union Minister Jyotiraditya Scindia confirmed on Tuesday.
In the same period a year ago, the company had reported a loss of Rs 849 crore. Scindia highlighted that this is not just an operating profit but a net profit on a quarterly basis for the second time in a row after 2007.
In the third quarter of FY25, BSNL had already posted a profit after tax of Rs 262 crore. Scindia further stated that almost 10 circulars have come in with a net profit compared to only 3 circles posting a net profit in the financial year 2023-24. The net loss of BSNL in 2023-24, which was close to Rs 5,370 crore, has been slashed by 58 per cent to only Rs 2,247 crore.
Operating revenue for BSNL in FY25 increased by 7.8 per cent to Rs 20,841 crore from Rs 19,330 crore in FY24. All three core engines of BSNL - Fiber-to-the-home (FTTH), customer mobility, and the enterprise segment – have shown healthy growth rates for FY2024-25.
Total revenue grew by almost 10 per cent to Rs 23,400 crore despite the deployment of a Rs 24,432 crore capex in FY25, the largest amount in any financial year. During FY25, BSNL's mobility revenue grew 6 per cent to Rs 7,499 crore, FTTH revenue was up by 10 per cent to Rs 2,923 crore, and leased line including enterprise segment topline rose 3.5 per cent to Rs 4,096 crore.
BSNL's 4G is now active, with the need for all towers to be synchronized. The company has rolled out 93,450 towers for 4G services, and the asset monetization increased by 77 per cent to Rs 1,120 crore in FY25.
BSNL Chairman and Managing Director A Robert J Ravi said, "The sharp turnaround is testimony to professional management, government support, and relentless focus on both the topline and the bottom line." He added that BSNL is not just being revived but redefined with disciplined cost control and accelerated 4G/5G deployment. The company is confident of sustaining this growth trajectory and delivering affordable, high-quality connectivity to every Indian.
Technology played a significant role in BSNL's financial turnaround, as the deployment of a Rs 24,432 crore capex in FY25 allowed for the growth of key technology sectors such as 4G services, Fiber-to-the-home (FTTH), and the enterprise segment. This investment in technology underpinned BSNL's healthy growth rates and marked the second consecutive quarterly net profit after 14 years.
