Coal India Ltd.

Coal India has reported results for the fourth quarter and year ended March 31, 2016.

The company has posted a rise of 44.87% in its net profit at Rs 13950.12 crore for the quarter ended March 31, 2016 as compared to Rs 9629.23 crore for the same quarter in the previous year. Total income of the company has increased by 43.09% at Rs 14258.08 crore for quarter under review as compared to Rs 9964.57 crore for the quarter ended March 31, 2015. 

On consolidated basis, the company has posted a rise of 0.22% in its net profit after taxes & minority interest and share of profit of associates  at Rs 4247.93 crore for the quarter ended March 31, 2016 as compared to Rs 4238.55 crore for the corresponding quarter in the FY15. However, total income of the company decreased by 0.72% at Rs 22898.79 crore for quarter under review as compared to Rs 23065.65 crore for the same quarter ended previous year.

For the year ended March 31, 2016, the company has posted a rise of 22.12% in its net profit at Rs 16343.53 crore as compared to Rs 13383.39 crore for the same period in the previous year. Total income of company increased 19.01% at Rs 17292.63 crore for year under review as compared to Rs 14530.52 crore for the period ended March 31, 2015.    

For the year ended March 31, 2016, on the consolidated basis, the company has posted rise of 3.99% in its net profit after taxes, minority interest and share of profit of associates at Rs 14274.33 crore as compared to Rs 13726.7 crore for the same period in the previous year.  Total income of company has increased by 3.78% at Rs 83738.57 crore for year under review as compared to Rs 80690.71 crore for the period ended March 31, 2015.