BSNL cuts debt by 42% in 3 yrs, grows user base; yet to roll out 4G, 5G services
The New Indian Express|November 28, 2024
STATE-owned telecom service provider Bharat Sanchar Nigam Limited (BSNL) has made significant progress in reducing its debt over the past three years.
RAKESH KUMAR
BSNL cuts debt by 42% in 3 yrs, grows user base; yet to roll out 4G, 5G services

As per the official data, BSNL's debt has decreased from ₹40,400 crore as of March 31, 2022, to ₹23,297 crore by March 31, 2024. In the previous year, the company's debt stood at ₹28,092 crore as of March 31, 2023. On the financial front, BSNL has narrowed its net loss to ₹2,785 crore for the April-September 2024 period, compared to a loss of ₹2,951 crore in the same period the previous year. For FY25 and FY26, BSNL has set revenue targets of ₹24,428 crore and ₹28,476 crore, respectively.

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