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RINL expects 20 p.c. rise in net

VISAKHAPATNAM: The net profit of Rashtriya Ispat Nigam Ltd., the holding company of Visakhapatnam Steel Plant, for 2004-05 is expected to be 20 per cent higher than the previous fiscal net of Rs. 1,547 crores, pending the audited financial results due next month. This was announced by the RINL Chairman and Managing Director, Y. Siva Sagar Rao, while making a power-point presentation before mediapersons here on Thursday on the company's performance during the year.

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