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Tata Steel BSL’s Q4 net loss narrows to Rs 212 crore

18 Apr 2019 Evaluate

Tata Steel BSL has reported results for fourth quarter ended March 31, 2019.

The company has reported a net loss of Rs 212.36 crore for the quarter under review as compared to net loss of Rs 21,252.91 crore for the same quarter in the previous year. However, total income of the company increased by 21.53% at Rs 5,547.71 crore for Q4FY19 as compared Rs 4,565.06 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a net profit of Rs 1,713.09 crore against net loss of Rs 24,813.47 crore for the previous year. Total income of the company increased by 20.14% at Rs 21,024.05 crore for year under review as compared to Rs 17,499.51 crore for year ended March 31, 2018.

Peers
Company Name CMP
JSW Steel 1267.50
Tata Steel 182.85
Steel Authority 179.00
Jindal Stainless 755.20
APL Apollo Tubes 2153.00
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