ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Ispat Industries, Zauari Industries, Finolex Cables

ISPAT INDUSTRIES Forging Ahead Ispat Industries, after years of dismal performance, is making a strong comeback booking profits during the year under review. The company recorded a 64 per cent increase in net sales from Rs 1,756 crore during 2001-02 to Rs 2,880 crore in 2002-03. It fully capitalised on the available export opportunities and increased its export earnings to Rs 799 crore as against Rs 201 crore in the previous year. Exports accounted for 30 per cent of its turnover during 2002-03, as against 10 per cent in 2001-02. With the current rally in demand for steel expected to remain firm, the company is ramping up its production activities and aggressively looking forward to maximise its turnover by focusing on exports.

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