Neyveli Lignite Corporation has reported results for first quarter ended June 30, 2015.
The company has reported 9.83% rise in its net profit at Rs 366.90 crore for the quarter ended June 30, 2015 as compared to Rs 334.05 crore for the same quarter in the previous year. The company’s total income has increased by 19.65% to Rs 1965.79 crore for the quarter under review from Rs 1642.99 crore for the corresponding quarter of the previous year.
Neyveli Lignite Corporation is engaged in the business of lignite mining and power generation. At present, the company has four opencast lignite mines.