Union minister for Communications and Development of North Eastern Region, on September 05, 2025 chaired the quarterly financial review meeting of key telecom public sector undertakings (PSUs) – Bharat Sanchar Nigam Limited (BSNL), Telecommunications Consultants India Limited (TCIL), and Indian Telephone Industries (ITI) Limited.

The review focused on three critical areas: profit after tax (PAT) performance, turnover trends, and future growth projections. All three PSUs demonstrated encouraging progress.

Further, a key highlight of the meeting was the financial turnaround of BSNL, which has posted profits for two consecutive quarters, after nearly 18 years. BSNL recorded a profit of Rs 2.62 billion in third quarter (Q3) and Rs 2.80 billion in Q4 of financial year 2024-2025 (FY25), a sharp improvement from a loss of Rs 8.49 billion 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 22.47 billion.

Furthermore, the financial review builds on the momentum of last month’s chief general managers (CGM) review meeting held in Delhi, where CGMs from all 32 telecom circles presented their roadmaps for growth, enhanced customer service, and operational efficiency. Today’s meeting assessed how those strategies are translating into real financial outcomes at the national level.

Meanwhile, the minister 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.

Additionally, in case of TCIL, the revenue in FY25 has grown up by 17 per cent and profit more than double over FY24. ITI has posted a revenue of Rs 43.23 billion for FY25 with a growth of more than double over FY24 and also achieved positive earnings before interest, taxes, depreciation, and amortisation in FY25.

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