Bhushan Steel has reported results for first quarter ended June 30, 2017.
The company has reported a net loss of Rs 1486.13 crore for the quarter under review as against a net loss of Rs 656.21 crore for the same quarter in the previous year. However, total income of the company increased by 23.82% at Rs 4196.1 crore for Q1FY18 as compared Rs 3388.91 crore for the corresponding quarter previous year.
Bhushan Steel is one of the prominent players in the Indian Steel industry. Backed with more than 27 years of experience, the company is India's 3rd largest Secondary Steel Producing Company with an existing steel production capacity of 5.6 million ton per annum.
