Tuesday, October 4, 2022

Coal India Q1 profit jumps up 22% to Rs 4,629.87 crore

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Kolkata: Coal India Limited’s consolidated net profit for the June quarter stood at Rs 4,629.87 crore. This is 22.3 % higher when compared to Rs 3786.4 crore same period last year. Coal India’s EBITDA  for the June quarter stood at Rs 6,611 crore, up 16.9% from Rs 5,654 crore last year.  Its revenue grew to Rs 24,939 crore from Rs 24,070 crore on a yearly basis.

Coal Production

Coal production in the April-June quarter stood at 136.94 million tonnes (MT) as compared with 136.85 MT in the year-ago period. The company’s offtake in April-June period was at 153.49 MT as against 153.47 MT a year ago.

Standalone

On a standalone basis, CIL’s profit in the April-June quarter increased to Rs 83.23 crore from Rs 68.21 crore in the year-ago period.
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The standalone income during June quarter was at Rs 282.77 crore as against Rs 282.65 crore in the year-ago period.

CIL accounts for over 80 per cent of domestic coal output.

Shares of the company closed at Rs 203.75 apiece on the BSE, down 1.88 per cent from the previous close.

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