Coal India Limited’s board of directors on Monday recommended a final dividend of ₹3.5 per equity share of face value of ₹10 each for the financial year 2020-2021. The company also declared its Q4 profits on the same day. Coal India Ltd (CIL) in its filing to the BSE reported a marginal 1.1% decline in its consolidated profit at ₹4,586.78 crore for the quarter which ended in March 2021 due to lower sales.
The company posted a consolidated profit of ₹4,637.95 crore last year in the same period. The filing showed that Coal India’s consolidated sales in the January-March period fell to ₹24,510.80 crore, from ₹25,597.43 crore reported in the March quarter of 2019-2020.
