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Coal India reports 48% rise in Q3 consolidated net profit

15 Feb 2022 Evaluate

Coal India has reported results for third quarter ended December 31, 2021.

The company has reported a rise of 12.42% in its net profit at Rs 5,644.43 crore for the quarter under review as compared to Rs 5,020.84 crore for the same quarter in the previous year. Total income of the company increased by 10.86% at Rs 5,888.20 crore for Q3FY22 as compared Rs 5,311.55 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 47.74% in its net profit at Rs 4,556.54 crore for the quarter under review as compared to Rs 3,084.10 crore for the same quarter in the previous year. Total income of the company increased by 19.53% at Rs 29,086.35 crore for Q3FY22 as compared Rs 24,334.62 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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