Coal India Ltd.

State run, Coal India is likely to lose an estimated 2.5 million tonnes of production and 2 million tonnes of sales, due to Wednesday’s nationwide strike, which was meant to protest against broad economic issues that have little relevance to coal. State-owned commercial miner’s mines are running at full capacity and the Railway is facing serious constraints in stepping up wagon supplies beyond present levels, so there is no way the shortfall can be mitigated for the rest of the fiscal year.

The company has reported 39.17% rise in its net profit at Rs 1696.92 crore for third quarter ended December 31, 2012 as compared to Rs 1219.33 crore for the same quarter in the previous year.Total income of the company has increased by 38.25% at Rs 2158.04 crore for the quarter under review as compared to Rs 1560.97 crore for the quarter ended December 31, 2011.