Tata Steel BSL has reported crude steel production of 1,109 tonnes (Provisional) in Q3 FY21 as against 1,154 tonnes (Actual) in Q3 FY20. The production has decreased marginally by 4% on Y-o-Y basis.
Besides, the steel sales were at 1,149 tonnes (Provisional) in Q3 FY21 as compared to 1,255 tonnes (Actual) in Q3 FY20. The sales has decreased by 8% on Y-o-Y basis.
Tata Steel BSL formerly known as Bhushan Steel is the largest manufacturer of auto-grade steel in India. Tata Steel BSL with a large amount of debt in proportion to its equity is a highly leveraged company.
