Shares of Coal India NSE 0.65 % gained 4.5% to hit a new 52-week high in Monday’s trade after the coal producer reported a 106% year-on-year (YoY) gain in its Q2 profit at Rs 6,044 crore. In the same quarter a year ago, the PAT was at Rs 2,933 crore.
The company’s consolidated revenue jumped 28.1% YoY to Rs 29,838 crore during the quarter and its consolidated EBITDA stood at Rs 7,280 crore.