MTNL

MTNL has been reporting losses when seen from the last 5 years trend.
Profit/Loss Before Tax

-2,838.48

-2,902.40

8,537.89

-5,301.74

-4,044.77

There was profit in the FY-2014 due to the governments pension benefit plan.
During this FY government took over the liabilities to pay pension to the employees
w.e.f FY-2000. So this amount was recovered by MTNL from government during this
year and so is the profit reflecting in their PnL statement.
But for the rest of the years there were losses and still in losses. These losses could
have been lessened with the practice of window dressing technique.
To make the profit and loss statement look better the following things can be done:

Liabilities should be postponed to after the end of the financial year.

Total Non-Current Liabilities

13,317
.38

14,734
.58

13,116
.68

20,851
.67

18,139
.76

Total Current Liabilities

12,761.85

10,047.84

9,278.90

8,283.26

6,230.68

Total Capital And Liabilities

26,091.83

26,849.84

27,436.29

26,350.51

26,907.14

That means the liabilities should be recorded/paid after the FY end.

Along with this the assets should be recorded more. This can be done by
selling off the fixed assets with large amount of accumulated depreciation.
The total revenues should be increased by luring customers and providing
discounts.
By lowering the recording of the receivables.
Depreciation charged amount should be recorded less.