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.

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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.

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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).