Bhushan Steel has reported results for third quarter ended December 31, 2013.
The company has reported a net loss of Rs 54.79 crore for the quarter as compared to net profit of Rs 221.20 crore for the same quarter in the previous year. Total income of the company has decreased by 4.82% at Rs 2410.56 crore for quarter under review as compared to Rs 2532.72 crore for the quarter ended December 31, 2012.
Bhushan Steel, formerly known as Bhushan Steel & Strips, is one of the leading players in the steel industry with steel making capacity of 2.2 Million Tonnes Per Annum (MTPA).