Moneycontrol
you are here: HomeNewsBusiness
Last Updated : Feb 14, 2018 10:15 PM IST | Source: PTI

Bhushan Steel Q3 net loss widens to Rs 1,607 crore

The bankrupt firm, which is undergoing insolvency proceedings, had posted a net loss of Rs 743 crore in the same quarter a year ago.

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Debt-laden Bhushan Steel Limited reported widening of its net loss to Rs 1,607 crore for the quarter ended December 2017.

The bankrupt firm, which is undergoing insolvency proceedings, had posted a net loss of Rs 743 crore in the same quarter a year ago.

The company's revenue from operations during October-December quarter of 2017-18 stood at Rs 4,407.71 crore as against Rs 4,094.73 crore in the same period a year ago, Bhushan Steel said in a BSE filing.

During the period under review, its total expenses also rose to Rs 5,844.28 crore from Rs 4,937.31 crore.
First Published on Feb 14, 2018 10:13 pm
Sections
Follow us on
Available On