Bhushan Steel disclosed its fourth quarterly results on Friday. The company announced that its net profit for the fourth quarter ended March 31, 2009, dipped by 21.14% to Rs 116.40 crore over the same period last year. The company had a net profit of Rs 147.61 crore in the same quarter ended March 2008.
Net sales of the company declined to Rs 1,119.95 crore for the fourth quarter, compared to Rs 1,216.41 crore in the same period last year.
FY09 Results For the year ended March 31, 2009, the company has posted a FY09 net profit of Rs 412.79 crore as against Rs 423.73 crore last year, down 2.58%.
