Coal India has reported results for second quarter ended September 30, 2016.
The company has reported a fall of 11.90% in its net profit at Rs 1097.57 crore for the quarter under review as compared to Rs 1245.77 crore for the same quarter in the previous year. Total income of the company decreased by 7.39% at Rs 1372.06 crore for the quarter under review as compared Rs 1481.59 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 77.38% fall in its net profit after tax, minority interest and share of profit of associates at Rs 600.44 crore for the quarter ended September 30, 2016 as compared to Rs 2654.35 crore for the same quarter in the previous year. Total Income of the company has decreased by 6.77% to Rs 17625.09 crore for quarter under review from Rs 18905.80 crore for the quarter ended September 30, 2015.
