State-owned Indian operator BSNL has revealed that both net profit and revenue fell in FY2008-09, according to Telegeography, citing a Business Standard report. Net profit for the operator dropped to INR1.04 billion (US$21.6 million) in the 12 months to the end of March 2009, while revenue was down to INR349.4 billion from INR380.5 billion in the previous fiscal year.