BSNL Registers ₹280 Cr Profit in Q4 FY25; Marks First Back-to-Back Profits in 18 Years
Delhi : In a landmark moment for India’s public sector telecom giant, Bharat Sanchar Nigam Limited (BSNL) has posted a net profit of ₹280 crore in the fourth quarter (Q4) of FY 2024-25, following a ₹262 crore profit in Q3 — marking the first consecutive profitable quarters in 18 years.
Announcing the audited financial results approved in its 243rd Board meeting, BSNL highlighted a remarkable turnaround in its operations. The company also reported a 58% reduction in annual losses, with net losses trimmed from ₹5,370 crore in FY24 to ₹2,247 crore in FY25.
Minister’s Statement: A National Milestone
Union Minister for Communications Shri Jyotiraditya Scindia hailed this achievement as a “historic milestone” and credited the turnaround to the “visionary leadership of Prime Minister Shri Narendra Modi.” He emphasized that this was not just an operational improvement, but a net profit transformation, underlining BSNL’s role in building a self-reliant and digitally empowered India.
Key Financial Highlights: FY 2024–25
Profitability
Q4 FY25 Net Profit: ₹280 crore (vs. ₹–849 crore in Q4 FY24)
Q3 FY25 Net Profit: ₹262 crore
Annual Loss Reduction: From ₹5,370 crore to ₹2,247 crore (–58%)
Operational Strength
EBITDA: ₹5,396 crore (up from ₹2,164 crore in FY24)
EBITDA Margin: Improved to 23.01% from 10.15%
Circles in Profit:
27 circles now EBITDA-positive (vs. 17 in FY24)
10 circles PAT-positive (vs. 3 in FY24)
Revenue Growth
Operating Revenue: ₹20,841 crore (+7.8%)
Total Income: ₹23,427 crore (+10%)
Segment-wise Growth:
Mobility: ₹7,499 crore (+6%)
FTTH (Fiber-to-the-Home): ₹2,923 crore (+10%)
Leased Lines & Enterprise: ₹4,096 crore (+3.5%)
Asset Monetisation: ₹1,120 crore (+77%)
Expenditure & Investments
Total Expenditure: Down to ₹25,841 crore (–3%)
Finance Cost: Reduced by 14% to ₹1,527 crore
CAPEX: Record investment of ₹26,022 crore, including
₹15,324 crore in equipment/towers
₹10,698 crore in spectrum (4G rollout focus)
Depreciation & Amortisation Costs: Up to ₹6,283 crore
Future Outlook: Laying the Groundwork for 5G & Beyond
BSNL’s robust performance is backed by strategic infrastructure investments, including a nationwide 4G and upcoming 5G rollout, using Atmanirbhar (indigenous) technologies. The firm is actively upgrading its backhaul fibre networks and launching 5G Network-as-a-Service initiatives.
While the near-term outlook may see muted profitability due to elevated depreciation and spectrum amortisation, the medium to long-term forecast remains optimistic. BSNL plans to channel revenue from asset monetisation into capital investment and infrastructure strengthening.
CMD Speaks: Revival with Responsibility
CMD Shri A. Robert J. Ravi, I.T.S., said:
“BSNL is not just being revived, but redefined. We are committed to delivering affordable, high-quality connectivity. Our aim is public service excellence — profits will follow naturally. With cost discipline and focused 4G/5G expansion, this growth is just the beginning










