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Coal India mulls price cut for premium grades of coal: Report

28 May 2013 Evaluate

Coal India, state run firm is reportedly mulling a price cut for its premium grades of Coal. With this initiative, the entity aims to bring them on par with the imported varieties. The company’s profit after tax for the January-March period stood at 5,413 crore compared with 4,013 crore a year ago. Net sales for the period stood at 19,904 crore, up 2.4% from the same quarter a year ago.

For the year ended March 31, 2013, the company has posted a rise of 21.44% in its net profit at Rs 9794.32 crore as compared to Rs 8065.10 crore for the same period in the previous year. Total income from operation has surged 20.04% at Rs 11440.26 crore for year under review as compared to Rs 9530.58 crore for the period ended March 31, 2012.

Coal India Share Price

434.85 -4.20 (-0.96%)
01-Jul-2026 15:25 View Price Chart
Peers
Company Name CMP
Coal India 434.85
NMDC 84.37
GMDC 610.15
Sandur Manganese 207.15
MOIL 278.45
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