BSNL loss expands to Rs 1,569 cr in Q3; revenue up 12% QoQ

State-owned Bharat Sanchar Nigam’s (BSNL) consolidated net loss has risen to Rs 1,569 crore in the October-December quarter, from Rs 1,481 crore in the preceding quarter.

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.

Read more

You may also like

More in Newspapers

Comments are closed.