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MTNL loan defaults rise to ₹8,659 cr; total debt climbs to ₹34,577 cr
The telco said the amount comprises ₹7,794.34 crore in principal and ₹864.75 crore in interest.
The figure marks an increase from ₹8,584.93 crore of defaults reported on June 30, 2025, which included ₹7,794.34 crore of principal and ₹790.59 crore of interest.
Bank-wise defaults
According to the MTNL, the seven impacted public sector banks are:
MTNL total debt: ₹34,577 crore
MTNL also reported that its total financial debt stood at ₹34,577 crore at the end of July. This is slightly higher than the ₹34,484 crore reported at the end of June.
The debt comprises:
Bank loans: ₹8,659 crore
Sovereign-guaranteed bonds: ₹24,071 crore
Loan from Department of Telecommunications (for bond interest): ₹1,921 crore
The company has been filing monthly updates on its repayment status with stock exchanges, as required under Sebi's disclosure norms.
The latest filing reflects an increase in unpaid interest.
At 11:50 am, shares of MTNL were trading at ₹43.14 apiece, up nearly 2 per cent on the BSE.
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