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RSP Sets ₹361 Cr Profit Target in 2025-26 Fiscal
The New Indian Express Jeypore
|May 13, 2025
TREADING cautiously after reportedly surviving a scare of major loss in 2024-25 financial year, the Rourkela Steel Plant (RSP) of SAIL has set a moderate profit before tax (PBT) target of ₹361 crore for 2025-26.
In 2024-25, RSP had projected a PBT target of ₹1,008 crore but ended up suffering heavily due to the adverse steel market conditions. While RSP's production was at the peak, it suffered from a drastic drop in net sales realisation (NSR) of its products due to cheaper availability of imported steel in the domestic market.
Reliable sources in the RSP said in the first nine months of 2024-25 (April to December 2024), the blue chip unit of SAIL had incurred a loss of around ₹145 crore. With improvement in performance in Quarter 4 (January to March 2025), RSP managed to thwart the fear of major loss.
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