Vizag Plant hopes to turn EBITDA-positive by fiscal-end

Priya sundarajan Updated - January 09, 2018 at 07:20 PM.

Visakhapatnam Steel Plant is looking to turn EBITDA positive by the end of current fiscal (2017-18).

According to P Madhusudan, CMD, RINL, while on a cumulative basis the company is still EBITDA negative; it has been able to report positive EBITDA for the month of July.

"We hope to turn EBITDA positive by the end of current financial year," Madhusudan said at a select media gathering here on Monday.

Published on August 21, 2017 09:34