BSNL expected to clock net profit in FY27: MoS Communications
State-owned telco BSNL is expected to turn around, generating net profit in fiscal year 2026-27, with the implementation of the approved revival measures, Parliament was informed on Friday.
Losses of Bharat Sanchar Nigam Ltd (BSNL) were pegged at Rs 3,589 crore in April-September 2022-23 as it clocked an income of Rs 9,366 crore and incurred total expenditure of Rs 12,956 crore, Minister of State for Communications Devusinh Chauhan said in a written reply in Rajya Sabha.
In 2021-22, losses stood at Rs 6,982 crore, against income of Rs 19,052 crore and expenses of Rs 26,034 crore.
“BSNL is expected to generate net profit in financial year 2026-27 with the implementation of the revival package,” Chauhan said in reply to another question.