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Coal India reports 52% rise in Q1 consolidated net profit

11 Aug 2021 Evaluate

Coal India has reported results for first quarter ended June 30, 2021.

The company has reported net loss at Rs 49.82 crore for the quarter under review as compared to net profit of Rs 11.89 crore for the same quarter in the previous year. Total income of the company decreased by 19.33% at Rs 171.96 crore for Q1FY22 as compared Rs 213.16 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported rise of 52.43% in its net profit attributable to owners at Rs 3169.85 crore for the quarter under review as compared to Rs 2079.60 crore for the same quarter in the previous year. Total income of the company increased by 34.72% at Rs 25963.12 crore for Q1FY22 as compared Rs 19271.83 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Coal India 419.00
NMDC 80.69
Ashapura Minechem 518.35
Sandur Manganese 182.00
GMDC 553.15
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