RINL Achieves a turnover of Rs 13,527 crore and Liquid Steel and Saleable Steel post 4% growth
Sri P Madhusudan, CMD, complimented the RINL collective on achieving “Creditable performance” in 2013-14 despite sluggish market conditions. He observed that team working and coordinated efforts helped the organization to achieve this performance in a difficult year.
Addressing the senior officials of the Company on the occasion of the start of the New financial year, Sri Madhusudan acknowledged the 4% growth in Liquid Steel (3.4 million tons) and Saleable Steel (3.01 million tons) during the year besides achieving best techno economic parameters in various areas. The company also registered a sales turnover of Rs. 13,527 crores including exports of Rs 750 crores during 13-14 registered 25% growth.
Ramping up of production from new units and stabilization is the main challenge for 2014-15, he added. Cost control is also an important factor and there is an urgent need to spread the cost consciousness across the organization, Sri Madhusudan observed. He stressed the need for early commissioning of Pulverised Coal Injection in Blast Furnaces for cost optimisation and increase in productivity.
Sri Madhusudan highlighted the need for synergy in thought & action; creativity & innovation. This should be supplemented with a positive attitude, governed by utmost discipline and dedication, through an enabling culture of excellence, he exhorted. Sri Madhusudan indicated that very high targets have been fixed for the year 2014-15 but expressed confidence that RINL collective will achieve them with their dedication and determination.
Sri Umesh Chandra, Director (Operations), Sri TK Chand, Director (Commercial), Sri YR Reddy, Director (Personnel), Sri PC Mohapatra, Director (Projects) in their addresses highlighted the achievements in their respective directorates.
Earlier, Corporate Strategic Management (CSM) department gave a presentation on the performance of the company highlighting the achievements during the year and the focus areas of the company for 2014-15 year.
Executive Directors, GMS, Senior officials, representatives of Steel Executive Association, Trade Unions, SC&ST association, WIPs and large number of senior officials were present on the occasion.
Sri P Madhusudan, CMD, complimented the RINL collective on achieving “Creditable performance” in 2013-14 despite sluggish market conditions. He observed that team working and coordinated efforts helped the organization to achieve this performance in a difficult year.
Addressing the senior officials of the Company on the occasion of the start of the New financial year, Sri Madhusudan acknowledged the 4% growth in Liquid Steel (3.4 million tons) and Saleable Steel (3.01 million tons) during the year besides achieving best techno economic parameters in various areas. The company also registered a sales turnover of Rs. 13,527 crores including exports of Rs 750 crores during 13-14 registered 25% growth.
Ramping up of production from new units and stabilization is the main challenge for 2014-15, he added. Cost control is also an important factor and there is an urgent need to spread the cost consciousness across the organization, Sri Madhusudan observed. He stressed the need for early commissioning of Pulverised Coal Injection in Blast Furnaces for cost optimisation and increase in productivity.
Sri Madhusudan highlighted the need for synergy in thought & action; creativity & innovation. This should be supplemented with a positive attitude, governed by utmost discipline and dedication, through an enabling culture of excellence, he exhorted. Sri Madhusudan indicated that very high targets have been fixed for the year 2014-15 but expressed confidence that RINL collective will achieve them with their dedication and determination.
Sri Umesh Chandra, Director (Operations), Sri TK Chand, Director (Commercial), Sri YR Reddy, Director (Personnel), Sri PC Mohapatra, Director (Projects) in their addresses highlighted the achievements in their respective directorates.
Earlier, Corporate Strategic Management (CSM) department gave a presentation on the performance of the company highlighting the achievements during the year and the focus areas of the company for 2014-15 year.
Executive Directors, GMS, Senior officials, representatives of Steel Executive Association, Trade Unions, SC&ST association, WIPs and large number of senior officials were present on the occasion.
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