For the entire 2015-16, the company's standalone net loss stood at Rs 2,839.37 crore against Rs 1,253.83 crore in 2014-15. NEW DELHI: Debt-laden Bhushan Steel today reported widening of its standalone net loss to Rs 670.47 crore for the quarter ended March 31. Total standalone income was higher atRs 11,802.68 crore in 2015-16 as against Rs 10,645.77 crore in the year ago. The embattled firm had posted a net loss of Rs 360.77 crore in the year-ago period, it said in a regulatory filing. Its total expenses rose to Rs 2,786.93 crore from Rs 1,982.90 crore in the quarter under review.

Source: Economic Times May 31, 2016 00:11 UTC