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Employee expenses & ‘other revenue’. How accounting changes drove BSNL’s return to profits after 17 yrs

Summary by The Print
The ailing public sector telco recorded a net profit of Rs 262 crore in Q3 this year, the first time since 2007. A deeper look shows this is not due to material improvements.

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The PrintThe Print

Employee expenses & ‘other revenue’. How accounting changes drove BSNL’s return to profits after 17 yrs

The ailing public sector telco recorded a net profit of Rs 262 crore in Q3 this year, the first time since 2007. A deeper look shows this is not due to material improvements.

·New Delhi, India
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MathrubhumiMathrubhumi

Did BSNL really record profits? Reports say otherwise

While there was a significant reduction in expenses, this was not due to cost-cutting or improved efficiency but rather due to changes in the accounting methodology, says report

·Kerala, India
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The Print broke the news in New Delhi, India on Saturday, February 22, 2025.
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