18-May-2024
Corporate News
 
Coal India net up 26% at Rs 8,641-cr
03-May-2024

State-owned Coal India Ltd on Thursday reported a 26% rise in its consolidated net profit in the last quarter of the financial year 2023-24 at Rs 8,640.45 crore compared with Rs 6,869.46 crore in Q4FY23. On a sequential basis, however, the net profit fell by 15% from Rs 10,154.68 crore. The company’s revenue from operations fell marginally by 2% to Rs 37,410.39 crore against Rs 38,152.34 crore in the same period the previous fiscal. Total income too declined by 2% on year to Rs 39,654.50 crore. Total expenses during the quarter stood at Rs 28,298 crore, falling 8% on year.

News Source:- https://www.financialexpress.com/business/industry-coal-india-net-up-26-at-rs-8641-cr-3475535/