BSNL Chairman and Managing Director Anupam Shrivastava said income from services increased by 4.16 percent to Rs 27,242 crore in 2014-15, which is highest in comparison to the previous five years.
Income from services stood at Rs 26,153 crore in 2013-14.
"BSNL had bad results for the last few years, but in year 2014-15, it has been able to reverse the trend. Also it is a known fact that most of the telecom majors are having heavy debt burdens but it still continues to be relatively better, showing a low debt-equity ratio," Shrivastava said.
BSNL will be investing Rs 7,700 crore in the current financial year to expand network. The company also plans to launch 4G LTE services on 2600 MHz band in a couple of cities by the end of March.
It has taken various customer centric initiatives such as free night calling, free roaming and providing a minimum broadband speed of 2 Mbps.
The net loss of BSNL though increased to Rs 8,234 crore for the reported fiscal compared with Rs 7,020 crore last year, mainly on account of asset depreciation calculated as per the Companies Act.

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