{"id":287389,"date":"2019-08-16T07:49:13","date_gmt":"2019-08-16T07:49:13","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=287389"},"modified":"2019-08-16T07:49:13","modified_gmt":"2019-08-16T07:49:13","slug":"cost-savings-buoy-coal-indias-operations-but-investors-are-hardly-moved","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cost-savings-buoy-coal-indias-operations-but-investors-are-hardly-moved\/","title":{"rendered":"Cost savings buoy Coal India\u2019s operations, but investors are hardly moved"},"content":{"rendered":"<p>Coal India Ltd\u2019s first-quarter numbers were decent, but still fell marginally short of the Street\u2019s expectations. This resulted in the stock correcting about 1.6% on Wednesday when most front-line metal and mining stocks staged a smart recovery.<\/p>\n<p>Part of the reason was a dip in realizations in the preceding quarter, which muted revenue growth. However, compared to the year-earlier quarter, realizations were higher by about 4%. On the other hand, realizations from e-auction sales were lower by about 10% year-on-year.<\/p>\n<p>This kept revenue growth soft at about 3.6% year-on-year. Thankfully, a control on costs and lower raw material consumption increased Ebitda by 16% year-on-year in the June quarter. Ebitda stands for earnings before, interest, tax, depreciation and amortization.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coal India Ltd\u2019s first-quarter numbers were decent, but still fell marginally short of the Street\u2019s expectations. This resulted in the stock correcting about 1.6% on Wednesday when most front-line metal and mining stocks staged a smart recovery. Part of the reason was a dip in realizations in the preceding quarter, which muted revenue growth. However, compared to the year-earlier quarter, realizations were higher by about 4%. On the other hand, realizations from e-auction sales were lower by about 10% year-on-year. This kept revenue growth soft at about 3.6% year-on-year. Thankfully, a control on costs and lower raw material consumption increased [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[190,139,130],"tags":[],"class_list":["post-287389","post","type-post","status-publish","format-standard","hentry","category-coal-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=287389"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287389\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=287389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=287389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=287389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}