BSNL Returns to Profitability: Reports Rs 262 Crore Profit in Q3 FY25

In a remarkable turnaround, state-owned telecom operator Bharat Sanchar Nigam Limited (BSNL) has achieved a significant milestone by posting a profit of Rs 262 crore in the third quarter of fiscal year 2025. This marks the company's first profitable quarter since 2007, showcasing the success of its strategic initiatives in network expansion and operational efficiency.

Strong Performance Across Business Segments

The telecom giant has demonstrated robust growth across its key business verticals:

• Mobility services witnessed a 15% year-on-year growth, reflecting increased customer adoption and improved service quality
• Fiber-to-the-home (FTTH) services recorded an impressive 18% year-on-year increase, indicating strong demand for high-speed internet connectivity
• Leased line services grew by 14% year-on-year, showing sustained enterprise customer confidence

Financial Turnaround and Cost Optimization

The company has made significant strides in improving its financial health compared to the previous year when it reported a loss of Rs 1,569.22 crore in Q3 FY24. Through strategic cost optimization initiatives, BSNL has achieved:

• A substantial reduction in finance costs, contributing to improved bottom-line performance
• A remarkable decrease in overall losses by more than Rs 1,800 crore compared to the previous year
• Enhanced operational efficiency across all business segments

Network Expansion and Future Growth

BSNL's commitment to technological advancement and network enhancement remains strong, with several key initiatives underway:

• Accelerated deployment of 4G network infrastructure nationwide through partnership with TCS-led consortium
• Strategic preparation for 5G network implementation in select locations
• Continued investment in optical fiber infrastructure upgradation

Growth Outlook and Strategic Vision

Under the leadership of Chairman and Managing Director Robert J Ravi, BSNL projects revenue growth exceeding 20% by the end of the current financial year. The company's future roadmap includes:

• Implementation of Smart Village Solutions integrating IoT-based monitoring
• Development of e-governance platforms and digital banking solutions
• Focus on creating self-sustainable rural digital ecosystems

Government Support and Market Position

The government's commitment to BSNL's growth remains strong, with recent approval of additional funding support of Rs 6,000 crore for 4G expansion. This follows the total investment of Rs 3.22 lakh crore through three revival packages since 2019.

As of November 2024, BSNL maintains a significant market presence with 92.05 million subscribers, positioning it as a key player in India's telecommunications sector.

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Categories: BSNL Q3 results, Indian telecom industry, telecom sector profit