BSNL see revenue slide in nine circles in FY23

BSNL saw 14% overall growth in revenue from operations in FY23, but the revenue for the state-owned telecom operator fell in nine out of 30 circles during the year, according to people aware of the matter.

The nine circles where the company witnessed a fall in revenue are Andaman and Nicobar, Kerala, Gujarat, Chennai, Telangana, Karnataka, Jammu and Kashmir, Punjab, and Uttar Pradesh (west).

BSNL CMD PK Purwar last month asked the chief general managers (CGMs) of the circles concerned to take remedial steps. The fall in revenue can be attributed to loss of subscribers in absence of 4G services.