Rashtriya Ispat Nigam Ltd has registered sales turnover of Rs 11,372 crore during April 2011 to January 2012, a growth of 24 per cent over the corresponding period last year, according to a press release. The steel plant posted sales turnover of Rs 1,428 crore during January, the best ever since inception.
RINL has been registering sales turnover of more than Rs 1,000 crore continuously from June 2011. The press release said RINL achieved this in spite of difficult conditions both in domestic and international markets.
During the period, the RINL expanded the distribution network by opening two new consignment sales agency outlets at Bhopal and Jabalpur. The Hyderabad stockyard with the new railway siding inside the yard was opened in January. Six new rural dealers were appointed during January, taking the number to 223.