Vizag Steel Industry achieves profitability after six years

Vishakha Steel saw profits after six years. Steel factory CMD Atul Bhatt stated that the company achieved a profit of Rs 835 crore in the fiscal year 2021-22. He praised the workers of various divisions as well as the entire organisation for breaking new ground in addressing the problems of coal scarcity and internationalism.

Participating at the annual meeting of top executives, trade unions, and employees at the Ukkunagaram Club, he stated that sales had increased by 57%, with sales of Rs 17,978 crore in 2020-21 and Rs 28,082 crore in 2021-22.

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