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Coal India reports 11% fall in Q3 consolidated net profit

13 Feb 2014 Evaluate

Coal India has reported results for third quarter ended December 31, 2013.

The company has reported a rise of over five and a half fold in its net profit at Rs 9597.77 crore for the quarter as compared to Rs 1696.92 crore for the same quarter in the previous year. Total income of the company increased by 361.98% at Rs 9969.86 crore for quarter under review as compared to Rs 2158.04 crore for the quarter ended December 31, 2012.

On the consolidated basis, the group has reported 11.40% fall in its net profit at Rs 3894.09 crore for the quarter ended December 31, 2013 as compared to Rs 4395.11 crore for the same quarter in the previous year. Total income of the company has decreased by 2.92% at Rs 19110.74 crore for quarter under review as compared to Rs 19685.53 crore for the quarter ended December 31, 2012.

Peers
Company Name CMP
Coal India 424.35
NMDC 76.79
Ashapura Minechem 504.25
Sandur Manganese 182.25
GMDC 507.75
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