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Coal India’s Q2 consolidated net registers 19% growth

12 Nov 2012 Evaluate

Coal India has reported results for the quarter ended September 30, 2012

The company has reported 11.06% rise in its net profit at Rs 1200.22 crore for the quarter ended September 30, 2012 as compared to Rs 1080.66 crore for the same quarter in the previous year. Total income of the company has increased by 12.28% at Rs 1570.32 crore for quarter under review as compared to Rs 1398.53 crore for the quarter ended September 30, 2011.

On consolidated basis, the company has posted 18.70% rise in its net profit after taxes, minority interest and share of profit at Rs  3078.08 crore for the quarter ended September 30, 2012 as compared to Rs 2593.11 crore for the same quarter in the previous year. However, group’s total income has increased by 11.59% at Rs 16665.39 crore for quarter under review as compared to Rs 14934.53 crore for the quarter ended September 30, 2011.

Peers
Company Name CMP
Coal India 425.60
NMDC 82.45
Ashapura Minechem 542.60
Sandur Manganese 190.35
GMDC 575.20
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