MUMBAI : It was the year when Lehman Brothers, the fourth largest investment bank on Wall Street at that point, went bust. It was the year when the BSE Sensex fell by more than 12,000 points. It was the year when three out of the four biggest Hindi movies starred a Khan. And it was also the year when Bharat Sanchar Nigam Ltd (BSNL) delivered a profit—for the last time.
In 2008-09, BSNL delivered a profit of around ₹575 crore. In every financial year since, it has incurred losses. The total losses from 2009-10 to 2021-22 stand at a whopping ₹1.03 trillion.
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