Tata Steel BSL Jan-March 2019 quarter net loss narrows to Rs 212 crore
Tata Steel BSL said its net loss narrowed to Rs 212.36 crore in the quarter ending March. It had reported a net loss of Rs 21,252.92 crore in the same quarter in FY18.
Tata Steel BSL, formerly Bhushan Steel, Wednesday said its net loss narrowed to Rs 212.36 crore in the quarter ending March. The company had reported a net loss of Rs 21,252.92 crore in the same quarter of the previous fiscal.
Total income during the quarter rose to Rs 5,517.50 crore, from Rs 4,495.98 crore, the company said in a regulatory filing.
See Zee Business Live TV streaming below:
In May last year, the National Company Law Tribunal (NCLT) approved the resolution plan submitted by Tata Steel Limited to acquire Bhushan Steel through its wholly-owned subsidiary Bamnipal Steel Limited (BNPL).
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Retirement Planning: SIP+SWP combination; Rs 15,000 monthly SIP for 25 years and then Rs 1,52,000 monthly income for 30 years
Top Gold ETF vs Top Large Cap Mutual Fund 10-year Return Calculator: Which has given higher return on Rs 11 lakh investment; see calculations
Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment
SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens
EPF vs SIP vs PPF Calculator: Rs 12,000 monthly investment for 30 years; which can create highest retirement corpus
Home loan EMI vs Mutual Fund SIP Calculator: Rs 70 lakh home loan EMI for 20 years or SIP equal to EMI for 10 years; which can be easier route to buy home; know maths
10:46 PM IST