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RSP records "best-ever" performance in productivity in FY18

Press Trust of India  |  Bhubaneswar 

Plant (RSP) today said the company registered its "best-ever" performance since inception in all major production areas of hot metal, crude and saleable in the 2017-18 fiscal.

With production of 3.32 mt of hot metal, RSP has posted a growth of about 7.3 per cent over the previous fiscal, it said in a release.

Total as well as production has improved by 9.8 per cent and 7.2 per cent, respectively, it said.

"Significant improvement" has been achieved in other parameters like specific energy consumption, coal-to-hot-metal ratio, pulverised coal dust injection, specific refractory consumption and specific water consumption, the company said.

In the field of secondary products, RSP clocked sales of about Rs 1,577 crore in the reporting period.

The company registered an EBIDTA turnover ratio of about 15 per cent in Q3 of last fiscal, the release said, adding, the momentum continued in Q4, making H2 of 2017-18 a "watershed period" for Steel Plant.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, April 03 2018. 20:43 IST