BSNL Posts ₹262 Crore Profit in Q3, Achieves First Quarterly Profit in 17 Years

BSNL reported a net profit of ₹262 crore in Q3 FY25, marking its first profitable quarter since 2007. The turnaround was driven by revenue growth across mobility, FTTH, and leased line services, alongside cost optimization and network expansion. With continued growth and a nationwide 4G rollout, BSNL aims to sustain profitability and strengthen its market position.

CONTENTS:

• BSNL Posts ₹262 Crore Profit in Q3, First Profitable Quarter Since 2007
• BSNL Reports ₹262 Crore Net Profit in Q3, First Quarterly Profit in 17 Years

BSNL Posts ₹262 Crore Profit in Q3, Achieves First Quarterly Profit in 17 Years

BSNL Posts ₹262 Crore Profit in Q3, First Profitable Quarter Since 2007

Bharat Sanchar Nigam Limited (BSNL) reported a net profit of ₹262 crore for the third quarter of the financial year, marking its first profitable quarter since 2007. The company attributed this turnaround to strategic investments in innovation, extensive network expansion, cost-cutting measures, and a strong focus on customer satisfaction.

BSNL Chairman and Managing Director A. Robert J. Ravi expressed confidence in the company’s trajectory, stating:

“We are pleased with this quarter’s financial performance, which underscores our commitment to innovation, customer service, and aggressive network expansion. With these ongoing efforts, we anticipate revenue growth surpassing 20% by the end of the financial year.”

Key Factors Behind BSNL’s Profitability

• Revenue Growth Across Segments:
  • Mobility Services: 15% growth compared to the same quarter last year.
  • Fiber-to-the-Home (FTTH) Services: 18% revenue increase.
  • Leased Line Services: 14% growth.

• Infrastructure Expansion:
  • Accelerated deployment of 4G services to enhance connectivity across India.

• Customer-Centric Digital Innovations:
  • National WiFi Roaming: Seamless internet access across multiple networks.
  • BiTV & IFTV: Free entertainment services for mobile and FTTH customers.
• Operational Cost Reduction:
  • Finance costs and overall expenditure have been significantly reduced.
  • Losses declined by over ₹1,800 crore compared to the previous year.

Future Outlook

BSNL aims to sustain its growth momentum with a continued emphasis on improving service quality, preparing for 5G, and further digital transformation. The company expects revenue growth to exceed 20% by the end of the financial year, solidifying its position in India’s telecom sector.

BSNL Reports ₹262 Crore Net Profit in Q3, First Quarterly Profit in 17 Years

State-owned telecom operator Bharat Sanchar Nigam Limited (BSNL) has recorded a net profit of ₹262 crore for the December quarter, marking its first profitable quarter since 2007. Union Minister for Communications Jyotiraditya Scindia described this achievement as a “significant turning point,” crediting the company’s revival to service expansion, cost optimization, and a growing subscriber base.

Growth Across Services

BSNL reported a 14-18% revenue increase across its mobility, Fiber-to-the-Home (FTTH), and leased line services compared to the same period last year. The telecom provider’s subscriber base also expanded from 8.4 crore in June to 9 crore by December.

“BSNL has, in the third quarter of FY2024-25, posted a quarterly profit for the first time since 2007,” said Scindia.

Additionally, BSNL significantly reduced its finance costs and overall expenditure, leading to a decline in losses by over ₹1,800 crore year-over-year. Its EBITDA has doubled over the last four years, reaching ₹2,100 crore in FY24.

Strategic Initiatives & 4G Rollout

To enhance customer experience, BSNL has introduced new services such as National WiFi Roaming, BiTV (free entertainment for mobile users), IFTV (for FTTH customers), and India’s first private 5G connectivity for the mining sector.

The company is also prioritizing its nationwide 4G deployment. “Out of 1,00,000 planned towers, 75,000 have been installed, with nearly 60,000 already commissioned. We aim to have all towers fully operational by June this year,” Scindia stated.

With steady revenue growth and disciplined cost management, BSNL is focused on maintaining profitability and strengthening its position in India’s telecom industry.