In 2016-17, MTNL’s revenue from operations is Rs.3,070 crores. It’s expenditures are Rs.6,498 crores. Net loss is Rs.2,491 crores. The net worth of MTNL has turned negative, and it stands at Rs. (-) 3,366 crores. MTNL has been classified as an Insipient Sick company. It is with this MTNL that the government wants to merge BSNL’s !
[Date : 29 – Jan – 2018]
Courtesy: bsnleu web