Coal India on Thursday reported 21.4% year-on-year decline in net profit to ₹3,084.10 crore for the year ended on 31 December. The company posted a net profit of ₹3,921.81 crore for the corresponding quarter last year. The revenue during the December quarter increased to ₹23,686 crore against ₹23,190 crore in Q3FY20.
The company reported total comprehensive income of ₹2,273.18 crore during the quarter under review against ₹3,669.98 crore a year ago.
The world’s largest coal miner’s earnings before interest, tax, depreciation and amortisation rose 4% year-on-year to ₹5,164 crore during December quarter. The operating profit was ₹4,968.3 crore for the same period last year.
