State owned telecom operator BSNL continues to make losses, although it is improving: a loss of Rs Rs 7,085 crore for the financial year 2013-14 (FY14) as compared to Rs 7,884 crore loss in FY13 and Rs 8,851 crore loss in FY12. This was disclosed (docx, Hindi) by the Minister of Communications and Information Technology Ravi Shankar Prasad in response to a question in the Rajya Sabha. Remember that BSNL is an unlisted company, unlike the other state owned telco MTNL. This is BSNL's fifth straight loss making fiscal and the telco had last reported a profit in the fiscal FY09, where it had reported a profit of Rs 575 crore. In subsequent years, it has reported losses of Rs 1,823 crore in FY10 and Rs 6,384 crore in FY11. BSNL revenues: While the minister hasn't disclosed BSNL's revenues for the fiscal, Prasad mentions that BSNL's operational revenues has declined by 11.67% in the past five years. Note that BSNL hasn't updated its revenue information on its site since FY12 and the last known information is Rs 19,305 crore for the nine month period ending December 31, 2012, as disclosed by the then Communications & IT Minister Kapil Sibal in April last year. Landline connections dropped by 38.04% in 5 years Prasad mentions that BSNL posted a net loss of Rs 14,979 crore in its landline business for the fiscal, a significant increase from Rs 13,445 crore in FY13 and Rs 12,669 crore in FY12. In response to a separate question (docx, Hindi), Prasad mentions that BSNL's landline connections have declined by 38.04% during the period…
