Coal India Ltd.

Coal India's output declined about 2% in November from a year ago due to cyclone Neelam and holidays on account of festivals. The state-owned miner produced 37.6 million tonne of coal during the month under review, compared with 38.4 million tonne in the November, 2011. However, off-take of coal registered a 4.3 per cent month-on-month increase to 38.56 million tonne. Meanwhile, company’s coal stock at the end of November was 43 million tonne, compared with about 71 million tonne at the beginning of the year.

The company’s production during the April-November period was 265 million tonne, a growth of 6.8 per cent over the corresponding period of the previous fiscal, while it’s off-take also rose by 8.2 per cent to 292.62 million tonne.