Vizag Steel's 9-month sales turnover up 30% at Rs 114 bn

Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Vizag Steel, informed that it has achieved a 30 per cent growth in turnover for the nine-month period ending December 2017.

The company sales volume touched 1 million tonnes worth Rs 20 billion just in November and December months and this has helped the company to reach a total turnover of Rs 114.05 billion in first three-quarters of the current fiscal, according to RINL chairman and managing director P Madhusudan.

The year 2017 saw the completion of the expansion, modernisation and taking the capacity to 7.3 million tonnes per annum.

"RINL