Coal India Q4 Results: Net profit jumps 11% YoY to ₹10,839 crore; declares final dividend of ₹5.25 per share

Coal India, the world’s largest coal miner, announced its financial performance for the March-ended quarter and financial year ended March 31 after market hours today, reporting a consolidated net profit of ₹10,839 crore in Q4, higher than Street estimates.

The state-owned company had reported a net profit of ₹9,751 crore in the same period last year, indicating an 11.15% year-on-year growth. Sequentially, too, net profit improved 51.4% from ₹7,157 crore reported in the December quarter.