WCL Reports Rs 4,375 Cr Profit in FY25
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Western Coalfields Ltd (WCL), a subsidiary of Coal India Ltd, reported a profit before tax of Rs 4,375.55 crore for FY25, a 4.64% increase.
Photograph: Amit Dave/Reuters
Nagpur, Jun 4 (PTI) Western Coalfields Ltd (WCL), a subsidiary of Coal India Ltd (CIL), reported a profit before tax (PBT) of Rs 4,375.55 crore for the 2024-25 financial year.
The company had reported a PBT of Rs 4,181.67 crore in the previous fiscal year, the company said in a statement.
WCL Director (Finance) Bikram Ghosh attributed the 4.64 per cent increase in PBT to "multiple strategic initiatives, including the commissioning of new mines, technological modernisation, and a renewed focus on environmental sustainability".
The company said its PBT for FY25 was the highest-ever since its inception.
Nagpur-headquartered WCL operates more than 47 mines across Maharashtra and Madhya Pradesh and employs over 32,685 people.
The company had reported a PBT of Rs 4,181.67 crore in the previous fiscal year, the company said in a statement.
WCL Director (Finance) Bikram Ghosh attributed the 4.64 per cent increase in PBT to "multiple strategic initiatives, including the commissioning of new mines, technological modernisation, and a renewed focus on environmental sustainability".
The company said its PBT for FY25 was the highest-ever since its inception.
Nagpur-headquartered WCL operates more than 47 mines across Maharashtra and Madhya Pradesh and employs over 32,685 people.
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