-21.25 (-4.83%) Coal India has reported results for the fourth quarter and year ended March 31, 2018.
The company has reported a fall of 32.86% in its net profit at Rs 9,021.22 crore for the quarter ended March 31, 2018 as compared to Rs 13,436.87 crore for the same quarter in the previous year. Total income of the company decreased by 31.44% at Rs 9,245.00 crore for quarter under review as compared to Rs 13,485.24 crore for the quarter ended March 31, 2017.
On consolidated basis, the company has reported a fall of 52.36% in its net profit at Rs 1,295.22 crore for the quarter ended March 31, 2018 as compared to Rs 2,718.75 crore for the corresponding quarter in the FY17. However, total income of the company rose 8.54% at Rs 28,909.32 crore for quarter under review as compared to Rs 26,633.89 crore for the same quarter ended previous year.
For the year ended March 31, 2018, the company has posted a fall of 35.90% in its net profit at Rs 9,293.42 crore as compared to Rs 14,499.09 crore for the previous year. Total income of company decreased 35.09% at Rs 9,941.40 crore for year under review as compared to Rs 15,315.93 crore for year ended March 31, 2017.
For the year ended March 31, 2018, on the consolidated basis, the company has posted a fall of 24.35% in its net profit at Rs 7,020.34 crore as compared to Rs 9,280.02 crore for the previous year. However, total income of company marginally increased by 2.92% at Rs 91,926.89 crore for year under review as compared to Rs 89,322.94 crore for year ended March 31, 2017.