Tata Steel BSL Q1 results: Co posts Rs 2,478 crore net profit
Its total income during April-June 2021 jumped to Rs 7,884 crore, from Rs 2,710 crore in the year-ago period.
By PTI | Updated:
Agencies
New Delhi: Tata Steel BSL Ltd on Wednesday returned to the black, posting a consolidated net profit of Rs 2,478 crore in the quarter ended June 30. The company had clocked a Rs 650-crore net loss in the April-June quarter of the previous financial year 2020-21, Tata Steel BSL said in a BSE filing.
Its total income during April-June 2021 jumped to Rs 7,884 crore, from Rs 2,710 crore in the year-ago period.
Total expenses stood at Rs 5,405 crore, compared with Rs 3,360 crore a year ago.
In 2018, Tata Steel had acquired a controlling stake in Bhushan Steel Ltd (BSL). It was later renamed as Tata Steel BSL Ltd.
Its total income during April-June 2021 jumped to Rs 7,884 crore, from Rs 2,710 crore in the year-ago period.
Total expenses stood at Rs 5,405 crore, compared with Rs 3,360 crore a year ago.
In 2018, Tata Steel had acquired a controlling stake in Bhushan Steel Ltd (BSL). It was later renamed as Tata Steel BSL Ltd.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
Related Articles
Tata Steel BSL Q2 results: Posts net profit of Rs 341.71 crADVERTISEMENT
