How can you have more loss than revenue ?

Discussion in 'Economy & Infrastructure' started by sehwag1830, Feb 10, 2012.

  1. sehwag1830

    sehwag1830 Tihar Jail Banned

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    MTNL Q3 result:

    Revenue :852 cr
    Loss : -930 crore

    Seriously these PSU like BSNL, AIR INDIA and MTNL are huge burden on tax payers money . :frusty:
     
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  3. SPIEZ

    SPIEZ Senior Member Senior Member

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    Happens only in India \m/
     
  4. sob

    sob Moderator Moderator

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    They are eating into their reserves.
     
  5. mylegend

    mylegend Regular Member

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    They tap into their credit line or reserve
     
  6. Armand2REP

    Armand2REP CHINI EXPERT Veteran Member

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    2/3rds of the Chinese economy is that way.
     

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