INSUBCONTINENT EXCLUSIVE:
Coal India Limited is the country's biggest coal minerCoal India revealed its April-June quarter outcomes for the financial year 2021-22
reporting a net profit of Rs 3,170 crore on a combined basis, compared to Rs 2,079 crore in the corresponding duration in 2015
The state-owned coal mining and refining company's net profit increased 52 per cent year-on-year primarily driven by profits and operating
income.Coal India's revenue from operations in the first quarter of the present fiscal stood at Rs 25,282 crore, compared to Rs 18,486
crore in the very same quarter last year, marking a growth of 36 per cent year-on-year
The nation's largest coal mining company produced 123.98 million tonnes of raw coal in the April-June quarter, compared to 121.04 million
tonnes of production in the corresponding period last fiscal
The business's sales in the June quarter stood at Rs 23, 293.65 crore, compared to Rs 17,007.10 crore in the year-ago period, according to
a regulative filing by the company to the stock exchanges.Coal India's overall expenditures in the June quarter stood at Rs 21,626.48
crore, compared to Rs 16,470.64 crore in the corresponding quarter in 2015, signing up an increase of 31 per cent year-on-year
The sharp boost in expenditures during the quarter was because of the cost of raw materials.The business stated in its declaration that it
will continue to closely keep track of any product modifications occurring out of future financial conditions and the resultant impact on
its company amid the COVID-19 pandemic.On Tuesday, August 10, shares of Coal India settled 0.73 percent lower at Rs 142.25 each on the BSE
Coal India opened on the BSE at Rs 144.15, inching to an intra day high of Rs 144.25 and an intra day low of Rs 140.85, throughout the
