BSCL Turns Profitable for the First Time as a State-Owned Company
Bangladesh Satellite Company Limited (BSCL) has become a profitable entity for the first time since its establishment as a state-owned company. In the 2024–25 fiscal year, the company recorded a profit of Tk 38.35 crore.
The figure was finalized after reviewing the financial statement for the last fiscal year during a board meeting held on 1 December.
According to the financial report, BSCL earned a total revenue of Tk 245.13 crore in 2024–25. Its total expenditure — including depreciation, operational costs, taxes and worker welfare — amounted to Tk 206.77 crore. This resulted in a net profit of Tk 38.35 crore.
On 2 December, BSCL Managing Director and Chief Executive Officer Dr Imadur Rahman celebrated the milestone with company officials and staff at the organisation’s head office in Banglamotor, Dhaka, where discussions were also held on future plans to maintain profitability.
Speaking about strategies to sustain BSCL’s positive financial position, Dr Rahman said that after assuming office, he took effective measures to market the unused capacity of the BS-1 satellite domestically and internationally, while placing strong emphasis on providing quality service to existing customers.
He added that the company has prioritised cost management and has been implementing various initiatives to enhance staff capacity, motivation and professionalism through training and relationship-building activities. BSCL is also pursuing new business opportunities to boost revenue. In addition, efforts are underway to strengthen long-term satellite industry infrastructure in Bangladesh through active dialogue and collaboration with government agencies, private organisations and universities.
DBTech/IH/EK/OR
