The remittance marks the completion of a ₹200 crore transaction involving the sale of a 22.26-acre property situated in Electronic City, Bengaluru.
The last instance of bottomline being at these levels was back in 2022. It reported a net profit of ₹356 Crore in the quarter ended March 2022.
Additionally, under the terms of agreement, ITI Limited has already received the first tranche of ₹100 Crore from C-DoT on February 19, 2025.
The BharatNet Phase-3 project, led by BSNL, is a major initiative to expand digital connectivity throughout India.
This project covers districts including Gopalgunj, Siwan, Samastipur, Purnia, Araria, Gaya, Darbhanga, Patna, Katihar, and Khagaria.
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