• Fri. Mar 31st, 2023

    BSNL’s revenue fell in many circles, the company’s condition is worst in West Bengal


    Feb 24, 2023

    Difficulties have increased for Bharat Sanchar Nigam Limited (BSNL), a government telecom company running on the revival package received from the central government. During April to December last year, the revenue of the company decreased in 13 circles. The Chief General Managers (CGMs) of these circles have been asked to take immediate steps to deal with the situation.

    a media Report In a letter written by PK Purwar, CMD, BSNL, to the CGMs of the concerned circles, it has been said, “The MoU signed between the Department of Telecom and BSNL to implement the Cabinet’s decision on the revival package has resulted in poor performance of the company.” To ensure accountability by taking action against the wrongdoers.It can be seen that in the last one year, five circles have reached near negative revenue, five circles have turned negative and three circles have turned severely negative. ” BSNL The circles with a major decline in revenue for 2019 are West Bengal, Chennai, Uttar Pradesh East, Sikkim, Andaman and Nicobar, Odisha, Bihar and Karnataka. Apart from this, the company’s revenue has weakened in Kerala, Jammu and Kashmir, Andhra Pradesh, Jharkhand and Northeast.

    The letter asked the CGMs of the revenue short circles to take immediate steps to improve the performance and report the same to the corporate office. The company’s total revenue in the first nine months of the current financial year stood at Rs 12,748 crore, up nearly 14 per cent year-on-year. However, the company has been hit by widening net loss. Net loss widened from Rs 5,424 crore to Rs 5,457 crore during the period. The major reason for this is the increase in expenses like employee cost.

    Earlier this month, Minister of State for Communications Devusinh Chauhan said in a written reply in the Rajya Sabha, “BSNL is likely to achieve net profit in the financial year 2026-27.” The Union Cabinet had approved a revival package for BSNL and MTNL about four years ago. The package includes measures such as infusion of fresh capital to upgrade BSNL’s services, allocating spectrum, reducing deficit in the balance sheet and upgrading the company’s fiber network by merging it with Bharat Broadband Nigam Limited.


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