Coal India (CIL) production is expected to be down marginally at about 430 million tonne this fiscal over the last year's but profit would jump to close to Rs 11,000 crore. The production will be less by 1 million tonne over previous year. However, despite de-growth in production as against 6.8% rise in production in 2009-10, the company is looking forward for jump in net profit to close to Rs 11,000 crore. In 2009-10, net profit was at Rs 9,830 crore.
With the hike in coal price and higher realization from e-auction of coal, the coal behemoth is confident for registering higher profit. The company had blamed environmental clearances and restrictions for many new coal mining projects. The after-effects of the Japan earthquake, could lead to an increase in demand of coal as there might be some slowdown in the nuclear energy sector.
| Company Name | CMP |
|---|---|
| Coal India | 438.70 |
| NMDC | 89.78 |
| GMDC | 733.40 |
| Sandur Manganese | 218.35 |
| MOIL | 327.60 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: