Technology, Shri.Ravi Shankar Prasad has informed the Rajya Sabha about the
current financial position of BSNL. The PSU has made profits of Rs 396.80 crore in Kerala, Rs 9.37 crore in J&K and Rs 5.16 crore in Odisha telecom circle.
BSNL’s provisional and unaudited loss up to September 30 for 2014-15 fiscal stood at Rs 3,785 crore. BSNL had incurred Rs 7,019 crore loss in 2013-14, Rs 7,884 crore in 2012-13 and Rs 8,850 crore in 2011-12.
Dear readers, what may be the reason for the current financial status and performance of BSNL? Whether this new Government can turn around this loss making PSU? Please share your valuable suggestions via comments.