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Neyveli Lignite Corporation reports over two fold jump in Q3 net profit

31 Jan 2014 Evaluate

Neyveli Lignite Corporation has reported results for third quarter ended December 31, 2013.

The company has reported  over two fold jump in its net profit at Rs 489.02 crore for the quarter as compared to Rs 221.65 crore for the same quarter in the previous year. Total income from operations of the company increased by 24.47% at Rs 1868.36 crore for quarter under review as compared to Rs 1371.14 crore for the quarter ended December 31, 2012.

NLC 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

300.50 2.05 (0.69%)
17-Apr-2026 16:59 View Price Chart
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