Coal India Ltd.

Coal India has reported results for third quarter ended December 31, 2014.

The company has registered a fall of 92.75% in its net profit at Rs 695.82 crore for the quarter under review as compared to Rs 9597.77 crore for the same quarter in the previous year. Total income of the company decreased by 90.16% at Rs 981.23 crore for Q3FY15 as compared Rs 9969.86 crore for the corresponding quarter previous year.

On the consolidated basis the company’s net profit after minority interest and share of profit/(loss) of associate declined 16.22% to Rs 3262.49 crore for the Q3FY15, as compared to Rs 3894.09 crore in Q3FY14. However, the total income increased 4.36% to Rs 19944.86 crore in the quarter under review as compared to Rs 19110.74 crore in the corresponding quarter previous year.