 "BSNL")
Three years after its Rs 69,000-crore bailout package, government-owned Bharat Sanchar Nigam (BSNL) continues to bleed and lose market share in the telecommunication (telecom) market.
The company reported a net sale of Rs 16,809 crore in 2021-22 (FY22), down 3.7 per cent from Rs 17,452 crore a year ago and loss of Rs 6,982 crore - a marginal improvement from Rs 7,441 crore in
2020-21 (FY21).
It has now cumulatively lost Rs 1.02 trillion in its operations in 13 years - one of the biggest loss-making streaks in the corporate sector. The telecom major had last reported net profit in 2008-09.
BSNL’s revenue share
