Tata Steel BSL Ltd’s clocks net profit of Rs 5.93 cr for Q4FY20
New Delhi: Tata Steel BSL Ltd’s consolidated net profit stood at Rs 5.93 crore for the fourth quarter of 2019-20 fiscal as compared to a net loss of Rs 212.41 crore in the corresponding quarter of the previous fiscal.
Its consolidated total income dropped by about 12 percent to Rs 4,288.87 crore in the fourth quarter of the 2019-20 fiscal as compared to total income of Rs 5,547.71 crore in corresponding period of the previous fiscal.
For the entire fiscal 2019-20, the consolidated net loss of the company stood at Rs 628.49 crore as compared to a net profit of Rs 1,711.84 crore. The consolidated total income of the company for the entire fiscal 2019-20 fell about 10 percent to Rs 17,237.79 crore as compared to Rs 19,860.12 crore, the company said in a regulatory filing.