The company aims to achieve a turnover of over Rs 18,000 crore in 2018-19, RINL Chairman and Managing Director (CMD) P Madhusudan has said in a statement.
The company's turnover in 2017-18 fiscal stood at Rs 16,625 crore.
The company posted an EBIDTA of over Rs 200 crore (provisional) during 2017-18, the CMD said.
Last month, the company had said that it was expecting to be back in the black in 2018-19 after a gap of three years.
RINL produces special steel, including wire rod coils, rounds, billets of different grade and dimensions.
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