Ebitda grew over 205% on a year-on-year basis to approximately Rs 700 crores. "Ebitda margin saw a significant improvement of around 3100 basis points, reaching 77%, due to reduced operating costs and internal consumption," the company said in a press statement.
India has opened up yet another door in cooperation with its strategic energy partner Russia. Union Minister of Steel, Ram Chandra Prasad Singh, today signed a memorandum of understanding (MoU) with Russia’s minister of energy Nikolay Shulginov, for collaboration in the mining and steel sectors, with special focus on coking coal. The move is part .