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Tata Steel BSL reports consolidated net profit Rs 111 cr in June quarter

Bhushan Steel Ltd (BSL) was acquired by Tata Steel through its wholly-owned subsidiary Bamnipal Steel Ltd (BNPL) and later renamed as Tata Steel BSL

Sajjan Jindal-led JSW Steel, Tata Steel, Rashtriya Ispat Nigam Ltd, Jindal Steel & Power (JSPL) and state-owned Steel Authority of India (SAIL) are among the top steel producing companies in the country
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Press Trust of India New Delhi
Tata Steel BSL on Thursday reported a consolidated net profit of Rs 111.05 crore for the first quarter ended June 30.

The company, which was acquired by Tata Steel Ltd in May 2018, had clocked a net profit of Rs 2,104.28 crore in the same quarter last fiscal.

The consolidated figures for the current quarter include financial results of Bhushan Energy Ltd (BEL), which was a subsidiary of Bhushan Steel, and hence not comparable with previous periods, Tata Steel BSL said in a BSE filing.

Bhushan Steel Ltd (BSL) was acquired by Tata Steel through its wholly-owned subsidiary Bamnipal Steel Ltd (BNPL) and