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Tata Steel BSL Q2 outcomes: Posts web revenue of Rs 341.71 cr

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NEW DELHI: Tata Steel BSL on Wednesday posted a consolidated web revenue of Rs 341.71 crore for the quarter ended September 2020, helped by increased revenue.

The firm had reported a lack of Rs 243.97 crore throughout the identical interval a year-ago, Tata Steel BSL mentioned in a BSE submitting.

During July-September 2020, its complete revenue jumped to Rs 5,545.35 crore, from Rs 4,567.98 crore within the year-ago quarter.

Total bills climbed to Rs 5,203.33 crore as in comparison with Rs 4,811.95 crore earlier.

In May 2018, debt-laden Bhushan Steel Ltd (BSL) was acquired by Tata Steel by its wholly-owned subsidiary Bamnipal Steel Ltd (BNPL) in insolvency proceedings. It was later renamed as Tata Steel BSL.

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