It is a broadly described annual report of Bhushan Steel Limited in the year of 2016-2017. During the financial year, Total assets of the Company stood at Rs. 6,046,339.97 Crore. Total revenue of the Company stood at Rs. 1,509,926.63 Crore. During the year the Company has achieved the Gross sales of Rs. 15027 Crores in comparison with previous year’s level of Rs. 13124 Crores. The Company posted Profit/(Loss) before Tax for the year Rs. (412,508.67) Crore. During the year under review, the Company earned profit/(loss) after tax Rs. (350,112.13) Crore as compared with previous year net profit of Rs. (332,987.80) Crore. Basic and diluted earnings per share of the company for the year Rs. (154.56).
The Board of Directors of the Company has does not consider it expedient to recommend any dividend for the year ended 31st March 2017.
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