• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Nation

Jyotiraditya Scindia Reviews Quarterly Performance Of Telecom PSUs

OMMCOM NEWS by OMMCOM NEWS
September 4, 2025
in Nation

New Delhi: Union Minister for Communications Jyotiraditya M. Scindia on Thursday chaired the quarterly financial review meeting of key telecom Public Sector Undertakings (PSUs) — Bharat Sanchar Nigam Limited (BSNL), Telecommunications Consultants India Limited (TCIL), and ITI Limited.

The review focused on the three critical areas of profit after tax (PAT) performance, turnover trends, and future growth projections.

All three PSUs demonstrated encouraging progress, reflecting a collective push towards sustainable expansion and deeper digital connectivity across the nation, according to an official statement issued after the meeting.

A key highlight of the meeting was the financial turnaround of BSNL, which has posted profits for two consecutive quarters — a milestone achieved after nearly 18 years.

BSNL recorded a profit of Rs 262 crore in Q3 and Rs 280 crore in Q4 of FY 2024-25, a sharp improvement from a loss of Rs 849 crore in Q4 of the previous fiscal year. This recovery has led to a nearly 58 per cent reduction in the company’s annual losses, bringing them down to Rs 2,247 crore.

The financial review builds on the momentum of last month’s Chief General Managers (CGMs) Review Meeting held in Delhi, where CGMs from all 32 telecom circles presented their roadmaps for growth, enhanced customer service, and operational efficiency.

Thursday’s meeting assessed how those strategies are translating into real financial outcomes at the national level.

Scindia commended BSNL’s performance, stating that the turnaround is a clear indication of the government’s commitment to strengthening public sector undertakings and empowering them to drive India’s telecom revolution.

In the case of TCIL, the revenue in FY 2024-25 has grown by 17 per cent and profit more than doubled over FY 2023-24. ITI has posted a revenue of Rs 4,323 crore for FY 2024-25 with a growth of more than two-fold growth over FY 2023-24 and also achieved positive EBITDA in FY 2024-25.

The Minister urged BSNL, TCIL, and ITI to continue their focus on innovation, service delivery, and sustainable business practices.

He reiterated the government’s unwavering support for realising Prime Minister Narendra Modi vision of a resilient, self-reliant telecom sector that ensures connectivity in every corner of the country.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

Odisha Reviews SC Verdict On TET, Future Of 75,000 Teachers Under Consideration

Next Post

PM Modi, EU Leaders Reaffirm Commitment For Early Conclusion Of FTA Negotiations

Related Posts

Nation

President Murmu, TN Guv, Senior Leaders Condole Deaths In Stampede At Vijay’s Rally

September 27, 2025
Narendra Modi
Nation

PM Modi Expresses Grief Over Stampede In TN’s Karur As Death Toll Rises To 36

September 27, 2025
Nation

TN Stampede: Death Toll Rises To 31, Several Injured; CM Stalin To Visit Karur Tomorrow

September 27, 2025
CM Nitish Kumar
Nation

Nitish Kumar Inaugurates, Lays Foundation Stone For Projects Worth Rs 583 Crore In Katihar

September 27, 2025
Nation

Panchayati Raj Ministry To Launch Village Level Planning Campaign On Oct 2

September 27, 2025
Nation

23 Dead, Several Injured In Stampede At Vijay’s Rally In TN’s Karur

September 27, 2025
Next Post

PM Modi, EU Leaders Reaffirm Commitment For Early Conclusion Of FTA Negotiations

ISI’s Bangladesh Blueprint: Jamaat And Hefazat Push Country Towards Talibanisation

Subhadra Scheme: Ineligible Beneficiaries To Face Action As Govt Directs For Data Verification

Khimji
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.