Coal India December Quarter Profit Rises 48% To Rs 4,558 Crore
NDTV
Coal India reported a 47.7 per cent rise in consolidated net profit which stood at Rs 4,558.39 crore for the third quarter of current fiscal
Maharatna company Coal India Limited (CIL) on Monday reported a 47.7 per cent rise in consolidated net profit which stood at Rs 4,558.39 crore for the third quarter of the current fiscal, on higher revenue from operations.
Its consolidated net profit was at Rs 3,085.39 crore in the corresponding period of last year, the company said in a filing to Bombay stock exchange.
The consolidated revenue from operations of the company during October-December period increased to Rs 28,433.50 crore from Rs 23,686.03 crore in the corresponding period.
Consolidated expenses during the third quarter increased to Rs 22,780.95 crore from Rs 19,592.57 crore in the corresponding quarter of the previous fiscal.
