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BSNL registers first back-to-back quarterly profits
BSNL registers first back-to-back quarterly profits

India Gazette

time27-05-2025

  • Business
  • India Gazette

BSNL registers first back-to-back quarterly profits

New Delhi [India], May 27 (ANI): State-owned telecom operator BSNL on Tuesday reported Rs 280 crore in net profits during January-March 2025 quarter, against Rs 262 crore logged in the October-December 2024 quarter. With this, the telecom operator, which has not been in the best of financial health, reported its first back-to-back profitable quarters. Bharat Sanchar Nigam Limited (BSNL) today announced its audited results for the year ended March 31, 2025, approved at the 243rd meeting of the Board. In the January-March quarter of 2024, the telecom operator had reported a Rs 849 crore loss. Its overall loss in the just-concluded financial year 2024-25 reduced by 58 per cent - to Rs 2,247 crore in from Rs 5,370 crore in 2023-24. It also reported stronger operating metrics. 27 of its telecom circles turned EBITDA-positive in 2024-25 (only 17 circles last year- 2023-24); 10 circles turned Profit After Tax-positive in 2024-25 (only 3 circles last year- 2023-24). BSNL's operating revenue rose 7.8 per cent in 2024-25 to Rs 20,841 crore, as against Rs 19,330 crore in 2023-24. The growth from all core revenue segments - mobility, Fiber to the Home (FTTH), Leased Lines incl Ent, and Asset Monetisation -- have increased when compared to last financial year. BSNL anticipated that the outlook for the coming year will continue to show strong top-line revenue growth alongside a steady decline in operating costs--both critical to sustained profitability. However, in the near term, higher depreciation and amortisation arising from recent spectrum acquisitions and heavy capex will weigh on quarterly results despite these solid fundamentals, it has forecasted. 'Over the medium to long term, BSNL's profitability prospects are robust, supported by the nationwide rollout of 4G/5G (use of Atmanirbhar equipment), 5G Network-as-a-Service initiatives, investments in core infrastructure and upgradation of backhaul aging fibres. Although profit after tax may be subdued next fiscal year because of the sizeable capex and spectrum infusion, these investments are expected to spur accelerated growth and profitability thereafter,' Ministry of Communications said in a statement. In addition, the ongoing asset-monetisation efforts will generate further funds that can be reinvested to further strengthen the company's capital programme, it said. BSNL has almost doubled its asset monetisation last year. 'The sharp turnaround is testimony to professional management, government support and relentless focus on both the top line and the bottom line. BSNL is not just being revived, but redefined.' said A Robert J Ravi I T S, CMD, BSNL. 'With disciplined cost control and accelerated 4G/5G deployment, we are confident of sustaining this growth trajectory and delivering affordable, high-quality connectivity to every Indian- to whom we are highly indebted. We will not be chasing profits as our end goal. We will be redefining telecom excellence in public service. When we consistently do the right things - provide excellent service, reach the unreached, innovate for inclusivity - profits will naturally follow as a byproduct of that excellence,' the BSNL CMD added in the statement. (ANI)

BSNL posts net profit of ₹280 crore in Q4FY25, reduces loss
BSNL posts net profit of ₹280 crore in Q4FY25, reduces loss

Time of India

time27-05-2025

  • Business
  • Time of India

BSNL posts net profit of ₹280 crore in Q4FY25, reduces loss

NEW DELHI: State-controlled Bharat Sanchar Nigam Limited ( BSNL ) on Tuesday posted a profit after tax (PAT) of ₹280 crore in Q4FY25, up from ₹262 crore in Q3FY25, boosted by its nationwide roll-out of commercial fourth-generation (4G) services and 5G Network-as-a-Service (NaaS) initiatives. BSNL had posted a net loss of ₹849 crore in the fiscal fourth quarter that ended March 31, 2024. For the entire FY25, BSNL's loss reduced by 58% to ₹2,247 crore, compared to a loss of ₹5,370 crore in FY24. 'The outlook for the coming year will continue to show strong top-line revenue growth alongside a steady decline in operating costs—both critical to sustained profitability,' the telecom PSU said in its earnings statement. However, it cautioned that in the near term, higher depreciation and amortisation arising from recent spectrum acquisitions and heavy capital expenditure (capex) arising from further 4G and 5G network investments, and upgradation of core infrastructure and aging backhaul fibres, will weigh on quarterly results despite 'solid fundamentals'. 'Although profit after tax may be subdued next fiscal year because of the sizeable capex and spectrum infusion, these investments are expected to spur accelerated growth and profitability thereafter,' BSNL said, adding that the ongoing asset monetisation efforts will generate further funds that can be reinvested to further strengthen the company's capital program. BSNL almost doubled its asset monetisation in FY25, as per the statement. Its revenue from asset monetisation stood at ₹1,120 crore, an increase of 77% year-on-year. BSNL's operating income increased by 7.8% year-on-year to ₹20,841 crore in FY25, while the total income surged by 10% year-on-year to ₹23,427 crore. The growth from all core revenue segments increased when compared to the last fiscal year. The public sector telecom carrier's mobility revenue in FY25 was up by 6% year-on-year to ₹7,499 crore, fibre-to-the-home (FTTH) revenue grew by 10% year-on-year to ₹2,923 crore, and leased lines (including enterprise) revenue grew by 3.5% year-on-year to ₹4,096 crore. BSNL's earnings before interest, taxes, depreciation and amortisation (Ebitda) grew from ₹2,164 crore in FY24 to ₹5,396 crore in FY25. The telco's 27 telecom circles turned Ebitda-positive in FY25, compared to 17 circles in FY24 '27 circles turned EBITDA-positive in FY25 (only 17 circles last year – FY24). 10 circles turned PAT-positive in FY-25 (only 3 circles last year-FY-24),' BSNL said. BSNL added assets worth ₹26,022 crore in FY25, comprising ₹15,324 crore worth of equipment/towers, and others, and ₹10,698 crore of spectrum, the larges in the company's history, mainline led by 4G rollout and fibre footprint expansion. 'The sharp turnaround is testimony to professional management, government support and relentless focus on both the top line and the bottom line. BSNL is not just being revived, but redefined,' said Robert J Ravi, CMD, BSNL. 'With disciplined cost control and accelerated 4G/5G deployment, we are confident of sustaining this growth trajectory and delivering affordable, high-quality connectivity to every Indian. We will not be chasing profits as our end goal,' Ravi added.

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