Coal India Ltd.

Coal India has reported results for third quarter ended December 31, 2019.

The company has reported a fall of 91.62% in its net profit at Rs 458.69 crore for the quarter under review as compared to Rs 5,474.29 crore for the same quarter in the previous year. Total income of the company decreased by 89.63% at Rs 589.61 crore for Q3FY20 as compared Rs 5,687.04 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 14.08% in its net profit attributed to the equity holders at Rs 3,923.87 crore for the quarter under review as compared to Rs 4,566.85 crore for the same quarter in the previous year. Total income of the company decreased by 6.13% at Rs 24,602.19 crore for Q3FY20 as compared Rs 26,209.13 crore for the corresponding quarter previous year.