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Coal India reports 61% rise in Q1 consolidated net profit

13 Aug 2018 Evaluate

Coal India has reported results for first quarter ended June 30, 2018.

The company has reported over 2-fold jump in its net profit at Rs 68.21 crore for the quarter under review as compared to Rs 32.18 crore for the same quarter in the previous year. Total income of the company increased by 11.45% at Rs 209.34 crore for Q1FY19 as compared Rs 187.84 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 61.07% in its net profit at Rs 3,786.30 crore for the quarter under review as compared to Rs 2,350.70 crore for the same quarter in the previous year. Total consolidated income of the company increased by 16.98% at Rs 25,470.86 crore for Q1FY19 as compared Rs 21,774.42 crore for the corresponding quarter previous year.


Peers
Company Name CMP
Coal India 422.60
NMDC 80.65
Ashapura Minechem 515.60
Sandur Manganese 181.30
GMDC 544.30
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