Coal India Q1 consolidated net profit jumps 52.5% to Rs 3,174 cr

State-owned Coal India Limited on Tuesday reported 52.5% rise in consolidated net profit at Rs 3,174 crore for the quarter ending June 30, 2021. It was Rs 2,080 crore in the year-ago period.

Consolidated revenue from operations rose 37% to Rs 25,282 crore as against Rs 18,487 crore in June 2020.

CIL’s June quarter production was at 123.98 million tonnes. The company’s margin rose 270 bps on a like-to-like basis.

At 1435 hours on Tuesday, the company’s scrip on NSE was trading 0.1% lower at Rs 143.10.

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