Bhushan Steel’s Q1 Net Profit Up By 18 (01-Aug-2010)
Domestic Steel producer Bhushan Steel has reported results for the quarter ended June 30, 2010.
Bhushan Steel’s has reported a jump of 17.70% in its net profit at Rs 205.74 crore for the quarter ended June 30, 2010 as compared to Rs 171.87 crore for the quarter ended June 30, 2009.Its total income has grown by 3.05% at Rs 1378.28 crore for the quarter under review as compared to Rs 1337.49 crore for the previous year’s corresponding quarter.
During the current quarter the company has started trial run of Blast furnace and Hot strips Mill.
Bhushan Steel (BSL), erstwhile known as Bhushan Steel & Strips, manufactures wide range of steel products such as cold rolled, galvanised steel, colour coated coil, colour coated tiles, drawn tubes, hardened and tempered strip, high tensile steel stripping, wire rods, sponge iron and alloy billets.
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