Rastriya Ispat Nigam (RINL), the flagship company of Visakhapatnam Steel Plant (VSP), witnessed 23 per cent growth in profit before tax (PBT) and an eight per cent growth in its sales turnover for the financial year ended March 31, 2007. "Our PBT was provisionally put at Rs 2,246 crore during 2006-07, as against Rs 1,820 crore in the previous year, while our turnover touched Rs 9,126 crore as against Rs 8,482 crore in the previous year. This includes the by-product sales of Rs 220 crore. We are targeting to touch Rs 10,000 crore this fiscal," Y Siva Sagar Rao, chairman and managing director of VSP, said.
