Bhushan Steel has reported results for fourth quarter and year ended March 31, 2015
The company has reported a net loss of Rs 360.77 crore for the quarter ended March 31, 2015 as compared to a net loss of Rs 19.57 crore for the same quarter in the previous year. Total income of company has decreased by 3.83% at Rs 2427.01 crore for quarter under review as compared Rs 2523.61 crore for the quarter ended March 31, 2014.
For the full year ended March 31, 2015, the company has posted net loss of Rs 1253.83 crore as compared to a net profit of Rs 61.96 crore for the same period in the previous year. However, total income has increased by 9.83% at Rs 10659.28 crore for year under review as compared to Rs 9704.94 crore for the period ended March 31, 2014.
For the year ended March 31, 2015, on the consolidated basis, the company has posted net loss of Rs 1256.77 crore as compared to a net profit of Rs 59.14 crore for the same period in the previous year. However, total income of company has increased by 9.82% at Rs 10657.61 crore for year under review as compared to Rs 9704.95 crore for the period ended March 31, 2014.
