The company in its projection to Board for Reconstruction of Public Sector Enterprises (BRPSE) had informed that it expects to turn profitable in the fiscal ending March 2013, but projects a net loss for 2010-11 and the ongoing year that began on April 1.It expects a net loss of Rs 2,725 crore on revenue of Rs 31,738 crore in the fiscal year ended March 31, 2011. In 2011-12, the loss is expected to narrow down to Rs 623 crore on revenue target of Rs 36,569 crore.
