Coal India Q1 Profit Almost Triples To Rs 8,833 Crore

Coal India’s output in April-June length greater to 159.75 million tonne (MT).

New Delhi:

Coal India Ltd on Wednesday reported virtually three-fold upward thrust in consolidated internet benefit at Rs 8,832.86 crore for June quarter 2022-23 at the again of upper gross sales.

The corporate had posted a internet benefit of Rs 3,169.86 crore within the year-ago length, Coal India Ltd (CIL) mentioned in a submitting to BSE.

Revenue from operations throughout April-June length greater to Rs 35,092.17 crore from Rs 25,282.75 crore within the year-ago quarter.

Net gross sales within the first quarter rose to Rs 32,497.9 crore from Rs 23,293.65 crore previous.

The corporate’s output in April-June length greater to 159.75 million tonne (MT) from 123.98 MT within the corresponding quarter of earlier fiscal.

Coal India accounts for over 80 according to cent of home coal output. The corporate is eyeing one thousand million tonne of manufacturing by way of 2023-24.

Shares of the corporate settled at Rs 219.85 apiece on BSE, up 2.02 according to cent from the former shut. 

(This tale has no longer been edited by way of NDTV group of workers and is auto-generated from a syndicated feed.)

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