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Coal India’s Q4 net profit dips 12%

19 May 2012 Evaluate

Coal India has registered a fall of 11.71% in net profit at Rs 1,223.52 crore for the quarter ended March 31, 2012, compared with a profit of Rs 1,385.79 crore for the same quarter a year ago.

The company’s total income surged 14.86% to Rs 1,693.43 crore for the quarter under review as compared to Rs 1,474.33 crore for the corresponding quarter previous fiscal.

The PSU firm’s net profit for the full financial year 2011-12 rose 71.74% to Rs 8,065.10 crore in the year under review as against Rs 4,696.10 crore in FY11. Total income increased by 73.62% to Rs 9,517.57 crore for the year ended March 31, 2012 from Rs 5,481.96 crore in FY11.    

Peers
Company Name CMP
Coal India 424.35
NMDC 76.79
Ashapura Minechem 504.25
Sandur Manganese 182.25
GMDC 507.75
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