The higher sequential loss during the quarter can largely be attributed to increase in salary bills, depreciation and amortisation expenses, licence and spectrum fee, loss allowance of disputed bills, bad debt write-off, and expenses on construction contracts, among others.
Employee benefit expenses, which account for over 30% of the total expenses of ₹6,631 crore, rose 7% sequentially to ₹2,011 crore.
On a year-on-year (y-o-y) basis, the company's net loss narrowed from 1,868 crore in the corresponding quarter last year largely due to a fall in finance costs.
In the October-December quarter, BSNL's revenue from operations bucked the declining trend of the last two quarters, and rose 11.6% quarter-on-quarter to 4,549 crore. The growth was primarily led by leased lines and fiber infra businesses, broadband, and enterprise segments. On a y-o-y basis, the revenue rose 2.5%.
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