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Neyveli Lignite Corporation reports 20.29% rise in Q2 net profit

10 Nov 2012 Evaluate

Neyveli Lignite Corporation has reported results for second ended September 30, 2012.

The company has reported 20.29% rise in its net profit at Rs 334.84 crore for the quarter as compared to Rs 278.35 crore for the same quarter in the previous year. Total income of the company has increased by 20.52% at Rs 1490.92 crore for quarter under review as compared to Rs 1237.11 crore for the quarter ended September 30, 2011.

Neyveli Lignite Corporation is engaged in the business of lignite mining and power generation. At present, the company has four opencast lignite mines with a capacity of about 30.60 million tonnes per annum, while it can produce about 2,740 MW of power from four power plants.

Neyveli Lignite Share Price

298.70 2.05 (0.69%)
24-Apr-2026 16:59 View Price Chart
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