Coal India Ltd.

Coal India has reported results for fourth quarter (Q4) and year ended March 31, 2023.

The company has reported 17.27% fall in its net profit at Rs 3138.26 crore for the quarter under review as compared to Rs 3793.43 crore for the same quarter in the previous year. Total income of the company decreased by 6.69% at Rs 3718.03 crore for Q4FY23 as compared to Rs 3984.39 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported fall of 17.68% in its net profit at Rs 5527.62 crore for fourth quarter ended March 31, 2023 as compared to Rs 6715.00 crore for the same quarter in the previous year. However, total income of the company increased by 17.08% at Rs 40362.36 crore for Q4FY23 as compared to Rs 34474.52 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported 32.15% rise in its net profit at Rs 14802.31 crore as compared to Rs 11201.57 crore for the previous year. Total income of the company increased by 36.76% at Rs 16503.14 crore for year under review as compared to Rs 12067.54 crore for year ended March 31, 2022.

For the year ended March 31, 2023, on the consolidated basis, the company has reported 61.83% rise in its net profit at Rs 28124.94 crore as compared to Rs 17378.42 crore for the previous year. Total income of the company increased by 27.47% at Rs 144802.57 crore for year under review as compared to Rs 113596.83 crore for year ended March 31, 2022.