Mahanagar Telephone Nigam Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting

Mahanagar Telephone Nigam Limited has announced a board meeting on the audited consolidated financial results for the quarter and year ended March 31, 2025. The company reported total income of Rs. 1,378.52 Cr and a net loss of Rs. 3,330.13 Cr for the year, with net worth at a negative Rs. 27,548.97 Cr. Delhi and Mumbai operations are now fully managed by BSNL, which covers CAPEX/OPEX and maintains EBITDA neutrality. The board approved the appointment of a new CFO, cost auditor, and secretarial auditor. Revival plans include debt restructuring, asset monetization, staff cost rationalization, and a proposed merger with BSNL.