Coal India's production rises 6.6% in Apr-July this year

Coal India Ltd reported a 6.6 percent rise in production at 244.3 Million Tonnes (MT) in the first four months of the ongoing fiscal
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Coal India's production rises 6.6% in Apr-July this yearPSU Watch
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New Delh: State-owned Coal India Ltd on Thursday reported a 6.6 per cent rise in production at 244.3 Million Tonnes (MT) in the first four months of the ongoing fiscal. The company's production was at 229.1 MT in the April-July period of the previous financial year, Coal India Ltd (CIL) said in a filing to BSE.

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Production in July increased 2.5 per cent to 55 MT, compared to 53.7 MT in the same month of last fiscal. The company's offtake in the April-July period rose to 257.2 MT over 246.3 MT in the year-ago period.

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In July the company's offtake was at 59.6 MT over 59.5 MT in the same month of last fiscal. Coal India accounts for over 80 per cent of domestic coal output.

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