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Coal India Q4 Profit Up 26% to Rs 8,682 Cr - PTI

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By Rediff Money Desk, New Delhi   May 02, 2024 18:39

Coal India Ltd (CIL) reported a 26.2% rise in consolidated net profit to Rs 8,682.20 crore for the March quarter, driven by strong demand. Read more.
Coal India Q4 Profit Up 26% to Rs 8,682 Cr - PTI
Photograph: Amit Dave/Reuters
New Delhi, May 2 (PTI) Coal behemoth CIL on Thursday reported a 26.2 per cent rise in consolidated net profit to Rs 8,682.20 crore for the March quarter.

The company's consolidated net profit stood at Rs 6,875.07 crore in the year-ago period, Coal India Ltd (CIL) said in a regulatory filing.

Its consolidated income in the January-March period declined to Rs 39,654.50 crore from Rs 40,371.51 crore a year ago.

CIL accounts for over 80 per cent of the country's domestic coal production.
Source: PTI
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