Jyotiraditya Scindia lauds BSNL’s back-to-back profits after 18 years under leadership of PM Modi

New Delhi May 27, 2025 (ANI): Communication Minister Jyotiraditya Scindia announced that BSNL has achieved a significant financial turnaround by posting back-to-back quarterly net profits for the first time in 18 years. ₹262 crore in October–December 2024 and ₹280 crore in January–March 2025, highlighting the success of Prime Minister Narendra Modi's vision and leadership. He emphasized that this is not just operating profit or EBITDA, but actual net profit. BSNL’s EBITDA margin has doubled from 10% to nearly 20% in FY 2024–25, with EBITDA reaching ₹5,300 crore. Operational and total revenues grew by 7.8% and nearly 10% respectively, while the number of EBITDA-positive circles rose from 8 to 18, and net profit-making circles increased from 3 to 10. The company's net loss was cut by 58%, from ₹5,370 crore in FY 2023–24 to ₹2,327 crore in FY 2024–25. BSNL’s three core segments. Enterprise, FTTH, and Mobility—showed strong growth, and it deployed a record ₹24,432 crore in capital expenditure during the year. Scindia credited the transformation to the government's strategic vision and praised BSNL’s workforce for their dedication in achieving this milestone.Communication Minister Jyotiraditya Scinda on State-owned telecom operator BSNL reported Rs 280 crore in net profits during January-March 2025 quarter, against Rs 262 crore logged in the October-December 2024 quarter said. “So it's been a very important uh day today. With prime minister's vision. His resolve and his commitment. BSNL Has posted for the first time in 18 years. Back to back quarterly profits, net profits. Not operating profit alone, not Ibida. Positive margin alone, but net profit on a quarterly basis for the 2nd time running. After 2007. Last quarter when we met October to December. 2024. Net profit Was 262 crores. I'm glad to report. To every single citizen of India that prime minister's resolve has borne fruit. BSNL has posted a net profit. For Jan to March quarter. Of 280 colours. Accompanying this. BSNL's EBITDA margin. For the financial year 2425. Has more than doubled. To close to 5300 cars. And on a margin basis. It has grown from 10% IEA margin to almost 20% IEDA margin. For the financial year. 2425. Almost 18 circles. Out of its 22 to 24 circles have turned IIA positive. Up from only eight circles in the financial year 2324. And on a net profit basis. Almost 10 circles. Have come in with a net profit. Compared to only 3 circles. Posting a net profit in financial year 20324. On a net profit or loss basis for the year. BSNL's net loss last year, which is financial year 23, 24, was almost close to 5370 cars. That net loss in financial year 204 25. Has been slashed by 58%. To limiting it to only 2,327 cars. Finally, All 3 core engines. Of BSNL's Enterprise. FTTH Customer mobility. And the enterprise segment, all three have posted healthy growth rates for the financial year 24, 25. And finally, The operational revenue has grown by 7.8%. To close to 20,800 cars. And total revenue has grown by almost 10%. To 23,400 crores.