The Neelachal Ispat Nigam Limited (NINL) has achieved net sales turnover of Rs 2,100 crore in the 2018-19 financial year, registering growth of 126 per cent over the 2017-18 fiscal and 65 per cent over the 2016-17 fiscal.
This is the highest net sales turnover ever achieved in the annals of NINL since inception. With the addition of high value added billets, TMT, wire rods, structural through conversion agents, the NINL is expected to reach about Rs 4,000 crore in the 2019-20 fiscal.
NINL MD SS Mohanty gave credit to all employees for their sincere efforts and thanked all the stakeholders for their support.