Coal India Q3 net profit rises 48% to Rs 4,558 cr
State-owned Coal India Ltd on Monday reported a 47.7 per cent rise in consolidated net profit to Rs 4,558.39 crore for the quarter ended on December 31, 2021, on the back of higher revenue from operations.
The PSU’s consolidated net profit was at Rs 3,085.39 crore in the year-ago period, Coal India Ltd (CIL) said in a filing to BSE.
The consolidated revenue from operations of the company during October-December period increased to Rs 28,433.50 crore from Rs 23,686.03 crore in the year-ago period.
Consolidated expenses during the third quarter increased to Rs 22,780.95 crore from Rs 19,592.57 crore in the corresponding quarter of the previous fiscal.
