MTNL's net profit/loss FY 2014-2023
In fiscal year 2022, Mahanagar Telephone Nigam Limited reported a net loss of almost 26 billion Indian rupees. An increase in loss in comparison with the previous year. MTNL was geographically limited to the metros of Delhi and Mumbai with high competition from other telecom operators. It was a wholly owned subsidiary of Bharat Sanchar Nigam Limited.