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Bhushan Steel reports marginal fall in Q3 net profit

30 Jan 2012 Evaluate

Bhushan Steel has reported results for its third quarter ended December 31, 2011.

The company has posted a marginal fall of 1.33% in its net profit of Rs 276.62 crore for the quarter ended December 31, 2011 as compared to Rs 280.35 crore for the same quarter in the previous year. However, total income has increased by 23.84% from Rs 1952.72 crore for Q3FY11 to Rs 2418.26 crore in the quarter under review.

Bhushan Steel (BSL), earlier known as Bhushan Steel & Strips is a globally renowned company and is one of the leading prominent player in Steel Industry. Backed by more than two decades, of experience in Steel making, Bhushan Steel is now India’s 3rd largest Secondary Steel Producer company with an existing steel production capacity of 2 million tonnes per annum.

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