BSNL Financial Results for 2016-17 is encouraging

The CMD BSNL informed the unions and associations that BSNL’s financial results for the year 2016 – 17 are encouraging. Operating profit (EBIDTA) is estimated to be Rs.1,684 crore and the net loss of the Company is estimated at Rs.4,700 crore. 

He also informed that according to the new valuation mechanism, the net worth of BSNL is valued at Rs.34,319 crore and that, the net asset worth of the Company is estimated at Rs.91,684 crore.