 "steel, bhsuhan steel, tata steel, tata steel BSL, IBC, insolvency")
Tata Steel BSL Ltd on Thursday reported a consolidated net loss of Rs 650 crore in the quarter ended June 30, mainly on account of reduced income.
The company had posted a net profit of Rs 111 crore during the same quarter a year ago, Tata Steel BSL said in a BSE filing.
Total income fell to Rs 2,710 crore during the quarter under review from Rs 4,359 crore in the year-ago quarter.
The company's total expenses stood at Rs 3,360 crore as compared with Rs 4,318 crore in April-June of 2019-20 fiscal.
Tata Steel BSL further said the outbreak
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