Hypermart expects to sell flat steel products worth about Rs 6,000 crore. Essar Steel expects retail chain Hypermart to clock a billion dollars (about Rs 6,789 crore) in revenue this fiscal on the back of growing demand in the infrastructure and construction sector. "In the last six months, Hypermart has sold 7 lakh tonnes of various steel products. Essar Steel had posted a gross revenue of Rs 17,162 crore in 2014-15 fiscal. This will account for 25% of Essar Steel's revenue," Singh said.

Source: dna June 26, 2016 05:06 UTC