in ,

As Per Latest Information In comparison to the prior fiscal year, BSNL’s operational profit in FY 2015–16 increased by a factor of six to Rs 3,855 Crore.

BSNL had a six-fold increase in operational profit in FY 2015-16.

According to the most recent audited financial statement, Bharat Sanchar Nigam Limited (BSNL), a significant state-run telecom company, had a six-fold increase in operational profit during FY 2015–16.

According to the most recent data, BSNL’s operational profit increased from barely Rs 672 Crore to Rs 3,855 Crore in FY 2015–16. The amount collected from services climbed by 4.4% to Rs 28,449 Crore, which was a five-year high.

Mobile services outperformed all other services in terms of revenue generation, recording an accelerated growth rate of 8%. In the fiscal year 2015–16, almost 25,000 additional mobile towers were put into service, which aided the PSU in gaining more clients and boosting income. While the landline/broadband sector expanded by 2%, other business categories like Enterprise Business grew by 28 %.

Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA), a measure of the PSU’s financial performance, increased from Rs 672 crore in 2014-15 to Rs 3,855 crore in 2015-16 as a result of the increase in income and decrease in spending (compensation, administrative cost, employee remuneration, etc.). Over the FY, the overall spending decreased by 1.3%.

While losses virtually halved to Rs 3,879 crore in 2015-16 (from Rs 8,234 crore), total income (which includes interest on return of spectrum as part of other income) increased by roughly 15% to Rs 32,918 crore.

Dear readers, we would appreciate hearing your thoughts on this fantastic performance by BSNL in the comments section.

What do you think?

Written by Shallu Srivastav

For consumers of its landline and broadband services, BSNL introduced SMS-based services. You may now lodge BSNL complaints through SMS.

BSNL Deals Apple Dec 2016 (1st-15th): Full talk time for 220 & 500, free 3G SIM for new customers and MNPs.