State-run Coal India on Friday reported a 12.5 per cent rise in consolidated net profit to Rs 6,799.77 crore for the September quarter on account of higher sales.
The company’s net profit stood at Rs 6,043.55 crore in the year-ago period, Coal India Ltd (CIL) said in a regulatory filing.
Its consolidated sales increased to Rs 29,978.01 crore in the July-September period from Rs 27,538.59 crore a year ago.
However, total expenses of the company rose 9.3 per cent in the second quarter of the current fiscal to Rs 26,000.05 crore over Rs 23,770.12 crore in the year-ago period.
