Shares of Coal India shot up by 4.1 per cent at Rs 472 a piece on the BSE in Friday’s intraday trade. This came after the company delivered a decent growth in its fourth quarter results for financial year 2023-24 (Q4FY24)
The national miner Coal India reported a 17.8 per cent jump in its year-on-year (Y-o-Y) profit at Rs 37,369 crore for the financial year 2023-24 (FY24). The revenue from operations rose minimally by 3 per cent to Rs 1.38 trillion during FY24, while the net income was up by a similar quantum to Rs 1.5 trillion.
