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Coal India reports over 8-fold jump in Q2 consolidated net profit

14 Nov 2018 Evaluate

Coal India has reported results for second quarter ended September 30, 2018.

The company has reported over 5-fold jump in its net profit of Rs 611.51 crore for the quarter under review as compared to Rs 118.88 crore for the same quarter in the previous year. Total income of the company reported around 3-fold jump of Rs 800.17 crore for Q2FY19 as compared Rs 300.14 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported over 8-fold jump in its net profit of Rs 3,084.54 crore for the quarter under review as compared to Rs 370.86 crore for the same quarter in the previous year. Total income of the company increased by 26.28% at Rs 24,209.33 crore for Q2FY19 as compared Rs 19,171.73 crore for the corresponding quarter previous year.

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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