A challenging year ahead: RINL CMD

Visakhapatnam: Chairman and Managing Director of RINL P Madhusudhan highlighted the need to focus on improving the performance and techno-economic parameters of the company without compromising on safety standards. He also termed 2017 as a challenging year for RINL.

Addressing the senior executives at Ukkunagaram on Thursday, Madhusudan said achieving higher volumes with emphasis on value-added steel would largely contribute to enhancing the bottom-line.

He said that RINL achieved a positive gross operational margin during the third quarter of the current financial year, which gives confidence that the year 2017 would achieve positives in all areas of its operations.

Stressing the need for cultural transformation among the human resources in the company to achieve further excellence, Madhusudan expressed confidence that RINL team has the ability to perform in difficult conditions and can meet the challenges in 2017.

Corporate Strategic Management Department gave a presentation on the highlights of the performance and the challenges before the company in the new year.

Earlier, Madhusudan released the 2017 calendar brought out by the Corporate Communications Department.