State-run telecom BSNL’s consolidated loss narrowed down to Rs 7,441.11 cr in FY 2021
In 2019-20, the company had posted a loss of Rs 15,499.58 Cr
The loss came down mainly because of the reduction in employee wages
78,569 employees opted for voluntary retirement
BSNL’s revenue from operations fell by 1.6% to Rs 18,595.12 crore in 2020-21
It was Rs 18,906.56 Cr in 2019-20
Its net worth has shrunk to Rs 51,686.8 Cr during FY2021 from Rs 59,139.82 Cr last year
Meanwhile, the outstanding debt increased to Rs 27,033.6 Cr in FY2020-21 from Rs 21,674.74 Cr in FY2019-20
