Coal India Ltd.

Coal India has reported results for first quarter ended June 30, 2022.

The company has reported net profit of Rs 160.98 crore for the quarter under review as compared to net loss of Rs 49.82 crore for the same quarter in the previous year. Total income of the company increased by 2-fold at Rs 357.23 crore for Q1FY23 as compared Rs 171.96 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported around 3-fold jump in its net profit at Rs 8,834.22 crore for the quarter under review as compared to Rs 3,174.15 crore for the same quarter in the previous year. Total income of the company increased by 38.99% at Rs 36,086.68 crore for Q1FY23 as compared Rs 25,963.13 crore for the corresponding quarter previous year.