The projections are based on the potential increase in revenues expected in the coming years with the launch of 4G and 5G services.
For FY27, DoT has projected the company's revenues at ₹33,553 crore, an increase of 73.5% from the revenue of ₹19,344 crore in FY24.
Besides focusing on the 4G and 5G launch, the government is also looking at modernisation and upgrading of infrastructure of BSNL to shore up its revenue, as per the information shared by DoT with the Standing Committee on communications and information technology.
In FY24, BSNL narrowed its net loss to ₹5,367 crore from ₹8,161 crore in FY23 on the back of lower expenses, especially finance cost, and higher non-operating income.
This story is from the December 23, 2024 edition of Financial Express Lucknow.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 23, 2024 edition of Financial Express Lucknow.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Chinese Dam on Table for Sullivan's India Visit
AI, civilian nuclear cooperation, space may also be taken up
Mike Johnson Re-elected US House Speaker
Republican Congressman Mike Johnson on Friday was re-elected as Speaker of the US House of Representatives with a narrow victory margin of three votes.
S Korea investigators ask acting prez to clear way for Yoon's arrest
SOUTH KOREAN INVESTIGATORS again asked the country's acting president on Saturday to order the presidential security service to comply with an arrest warrant for impeached President Yoon Suk Yeol.
Microsoft to spend $80 billion on AI data centers this year
MICROSOFT CORP PLANS to spend $80 billion this fiscal year building out data centers, underscoring the intense capital requirements of artificial intelligence.
No jail time for Trump, suggests judge in US hush money case
Will keep fighting, says communications director Cheung
Rohit clears the air: Not going anywhere
Says those on outside can't influence when he stops playing
Border-Gavaskar Trophy: As Bumrah leaves, 'captain' Kohli calls the shots
Kohli took charge after Bumrah left bowling due to spasm
Big rockets, a telescope & big changes in space await in 2025
Some key events to look forward to in space & astronomy
Worrying signs from the Arctic
Scientists say fires in the region could have major consequences
Dr Manmohan Singh, RIP
emissary he had deployed. Although sceptical, I bounded off to North Block and was ushered in. It was my first official meeting with the FM. I conveyed the request, not a direction, of the prime minister.
