Coal India has reported results for first quarter ended June 30, 2016.
The company has registered 99.24% fall in its net profit at Rs 3.68 crore for the quarter as compared to Rs 487.10 crore for the same quarter in the previous year. Total income of the company decreased by 72.65% at Rs 187.43 crore for quarter under review as compared to Rs 685.32 crore for the quarter ended June 30, 2015.
On the consolidated basis, the company has registered 14.78% decline in its net profit after taxes, minority interest and share of profit of associates at Rs 3065.28 crore for the quarter ended June 30, 2016 as compared to Rs 3596.93 crore for the same quarter in the previous year. Total Income of the company decreased by 6.64% to Rs 19552.49 crore for quarter under review from Rs 20942.96 crore for the quarter ended June 30, 2015.
