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Bhushan Steel's net loss narrows in Q1 to Rs 656.21 crore

Firm had reported a net loss of Rs 728.16 crore in the year-ago period, it said in a BSE filing

Press Trust of India  |  New Delhi 

Bhushan Steel said on Saturday its standalone net loss has narrowed to Rs 656.21 crore for the quarter ended June 30, 2016. The firm had reported a net loss of Rs 728.16 crore in the year-ago period, it said in a BSE filing. Total standalone income of the company rose marginally to Rs 3,364.95 crore in April-June quarter this fiscal from Rs 3,308.14 crore during the same quarter in 2015-16. Its expenses were lower at Rs 2,852.65 crore from Rs 3,026.57 crore during the period under review. In the January-March quarter of 2015-16, the embattled firm's net loss ...

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Bhushan Steel's net loss narrows in Q1 to Rs 656.21 crore

Firm had reported a net loss of Rs 728.16 crore in the year-ago period, it said in a BSE filing

Firm had reported a net loss of Rs 728.16 crore in the year-ago period, it said in a BSE filing Bhushan Steel said on Saturday its standalone net loss has narrowed to Rs 656.21 crore for the quarter ended June 30, 2016. The firm had reported a net loss of Rs 728.16 crore in the year-ago period, it said in a BSE filing. Total standalone income of the company rose marginally to Rs 3,364.95 crore in April-June quarter this fiscal from Rs 3,308.14 crore during the same quarter in 2015-16. Its expenses were lower at Rs 2,852.65 crore from Rs 3,026.57 crore during the period under review. In the January-March quarter of 2015-16, the embattled firm's net loss ... image
Business Standard
177 22

Bhushan Steel's net loss narrows in Q1 to Rs 656.21 crore

Firm had reported a net loss of Rs 728.16 crore in the year-ago period, it said in a BSE filing

Bhushan Steel said on Saturday its standalone net loss has narrowed to Rs 656.21 crore for the quarter ended June 30, 2016. The firm had reported a net loss of Rs 728.16 crore in the year-ago period, it said in a BSE filing. Total standalone income of the company rose marginally to Rs 3,364.95 crore in April-June quarter this fiscal from Rs 3,308.14 crore during the same quarter in 2015-16. Its expenses were lower at Rs 2,852.65 crore from Rs 3,026.57 crore during the period under review. In the January-March quarter of 2015-16, the embattled firm's net loss ...

image
Business Standard
177 22