Answer & Explanation
Option: Both A & B
Explanation:
State-owned telecom companies BSNL and MTNL turned EBITDA positive in the first half of financial year 2020-21, demonstrating a marked improvement in performance within a year of approval of their revival plan. EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a metric used to evaluate a company’s overall financial performance. EBITDA is a measure of profits. EBITDA also ignores the quality of a company's earnings and can make it look cheaper than it really is.
