Coal India net profit falls 55.13% to Rs 2077.51 crore in Q1
Coal India (CIL), the world’s largest coal miner, on Wednesday reported a 55.13% year-on-year (Y-o-Y) decline in its consolidated net profit for the first quarter of this fiscal year at Rs 2077.51 crore as its sales witnessed close to 27% Y-o-Y fall amid the Covid-19 crisis.
The state-run coal behemoth’s net profit for the first quarter of last fiscal year was Rs 4629.87 crore.
