New Delhi, Nov. 18 -- State-owned Bharat Sanchar Nigam Ltd (BSNL) has continued its loss trajectory for the second straight quarter in the current financial year after a brief return to profitability in last two quarters of fiscal 2025.
In the September quarter, BSNL reported a net loss of Rs.1,357 crore, wider than Rs.1,048 crore in the preceding quarter and the Rs.1,241.7 crore it lost in the year-ago quarter, the company's financial statements dated 14 November show.
BSNL's higher losses can be attributed to an increase in depreciation and amortization expenses and finance cost for the company. Depreciation and amortization in the quarter gone by stood at Rs.2,477 crore, 57% more than the figure for the year-ago quarter. It was 14.5%...
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