VSNL Q3 net drops 21%

Videsh Sanchar Nigam (VSNL) has reported a 21% decline in net profit at Rs 142.30 crore for the third quarter ended December 31, 2004 as against Rs 180.90 crore in Q3FY04.

According to a release issued to the BSE today, total income increased to Rs 849.30 crore from Rs 823.30 crore in the corresponding period of the last fiscal.