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Bhushan Steel reports standalone net loss of Rs 670.47 crore in the March 2016 quarter

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Capital Market

Sales rise 29.49% to Rs 3031.30 crore

Net Loss of Bhushan Steel reported to Rs 670.47 crore in the quarter ended March 2016 as against net loss of Rs 360.77 crore during the previous quarter ended March 2015. Sales rose 29.49% to Rs 3031.30 crore in the quarter ended March 2016 as against Rs 2341.02 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 2839.37 crore in the year ended March 2016 as against net loss of Rs 1253.83 crore during the previous year ended March 2015. Sales rose 12.55% to Rs 11384.01 crore in the year ended March 2016 as against Rs 10115.01 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales3031.302341.02 29 11384.0110115.01 13 OPM %20.2918.27 -18.3221.49 - PBDT-643.32-361.23 -78 -2474.10-306.55 -707 PBT-937.04-351.89 -166 -3573.85-1244.95 -187 NP-670.47-360.77 -86 -2839.37-1253.83 -126

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First Published: May 31 2016 | 5:20 PM IST

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