Share |
Back to Vizag Business Watch

RINL Turnover up by 51 Percent in April:

  • Liquid Steel production rises by 16%
  • Improvement in several techno-economic parameters

Rashtriya Ispat Nigam Ltd. (RINL), the corporate entity of Visakhapatnam Steel Plant, started the fiscal on a positive note, with the best ever April turnover since inception (Rs.875 crs), registering a remarkable growth of 51%. This includes exports of Rs.75 crs. The sales of wire rods was impressive with a growth of 67%.

Despite power restrictions & power holidays imposed by the State Govt., RINL achieved a growth of 16% in Liquid Steel; 16% in Crude Steel; and 4% in Hot Metal.

In techno-economic parameters, improvement was registered on several factors such as BF Productivity; Fuel Rate; Labour Productivity Specific Energy; Specific Water Consumption, etc.

Sri P Madhusudan, CMD, RINL, exuded confidence and was hopeful that the performance would further improve progressively in the current fiscal.

Read More On: rinl | turnover | april |
Post Your Comments

By posting your comments you agree to abide to the terms and conditions of

Reader's Comments

kasturi vamsi bhushan
Posted On: Tuesday, June 3, 2014

Few days back they had expected 48% growth but in turn got 51%. Thats a lot.