Bhushan Steel has reported results for first quarter ended June 30, 2014.
The company has reported a net loss of Rs 141.63 crore as compared to a net profit of Rs 76.26 crore for the quarter ended June 30, 2013. However, the company’s total income has increased by 12.41% to Rs 2803.72 crore for the quarter under review from Rs 2494.17 crore for the corresponding quarter of the previous year.
Bhushan Steel, formerly known as Bhushan Steel & Strips, is one of the leading players in the steel industry with steel making capacity of 2.2 Million Tonnes Per Annum (MTPA).
