BSNL narrows loss to Rs 7,441 cr in FY2021

New Delhi, Jul 18 : The company had posted a loss of Rs 15,499.58 crore in 2019-20. “The loss has come down mainly due to reduction in employee wages on account of voluntary retirement opted by 78,569 employees,” a BSNL official said. The revenue from operations of the company declined by 1.6 per cent to Rs 18,595.12 crore in 2020-21 compared to Rs 18,906.56 crore it reported in 2019-20, the official said.

BSNLs net worth has come down to Rs 51,686.8 crore during FY2021 from Rs 59,139.82 crore in the previous year. The outstanding debt of the company increased to Rs 27,033.6 crore in FY2020-21 from Rs 21,674.74 crore in FY2019-20.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button