New Delhi, Dec. 24 (PTI): State-owned Bharat Sanchar Nigam Ltd clocked a turnover of Rs 24,299.8 crore during the financial year despite a significant reduction in long distance tariffs in the last quarter of 2001-02. This reflects a growth of 5 per cent compared with previous fiscal’s turnover.
“The turnover of the company has been Rs 24,299.8 crore, which on an annualised basis implies a five per cent growth over the previous year. This growth had taken place in spite of 62 per cent reduction in long distance tariff during the last quarter of the year,” a company release said here.
The second annual general meeting of the corporation was held today to consider the accounts, balancesheet and reports of the board of directors and auditors and finally pass accounts for 2001-02, which was the second year of operation for the company since its inception on September 15, 2000.