Coal India Q2 results: Co posts consolidated PAT at Rs 2,936 cr, misses estimate
MUMBAI: Coal India NSE 0.53 % on Friday reported a consolidated net profit of Rs. 2,936 crore for the quarter ended September, which was flat on a year-on-year basis and below analysts’ expectations.
The company’s consolidated revenues from operations grew 10.1 per cent on-year to Rs. 23, 291.1 crore for the reported quarter, which was largely in line with Street’s estimate.
The company’s operating performance in the quarter was stable as it reported a consolidated operating profit of Rs. 3,942 crore as against Rs. 3,975 crore reported in the year-ago quarter.
