Coal India reports 22% rise in Q1 consolidated net profit

14 Aug 2019

Coal India has reported results for first quarter ended June 30, 2019.

The company has reported a rise of 22.02% in its net profit at Rs 83.23 crore for the quarter under review as compared to Rs 68.21 crore for the same quarter in the previous year. Total income of the company increased marginally by 0.04% at Rs 282.77 crore for Q1FY20 as compared Rs 282.65 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 22.28% in its net profit at Rs 4,629.87 crore for the quarter under review as compared to Rs 3,786.44 crore for the same quarter in the previous year. Total income of the company increased marginally by 2.88% at Rs 26,089.20 crore for Q1FY20 as compared Rs 25,359.30 crore for the corresponding quarter previous year.

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