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Coal India’s overall expenditure drops to Rs 54,241 crore in first nine months

16 Feb 2021 Evaluate

Coal India’s overall expenditure declined by 3.3 per cent to Rs 54,241 crore in the first nine months of the ongoing fiscal. The company’s composite open cast production increased by 16.1 per cent in the April-December period. The company clocked 6.3 per cent output growth, 9.1 per cent surge in coal off-take and 17.3 per cent increase in Over Burden Removal (OBR) during the third quarter ended December 2020.

In terms of expenditure, employee benefits expenses dropped by Rs 735 crore. These include salaries, performance-related pay of the executives, performance- linked reward of the non-executives and coal mines provident fund contributions.

Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.

Coal India Share Price

441.65 2.95 (0.67%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 441.65
NMDC 88.81
GMDC 691.40
Sandur Manganese 213.50
MOIL 321.05
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