{"id":551616,"date":"2023-02-01T10:02:08","date_gmt":"2023-02-01T04:32:08","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=551616"},"modified":"2023-02-01T11:11:57","modified_gmt":"2023-02-01T05:41:57","slug":"coal-india-q3-results-profit-up-70-to-rs-7756-cr-on-higher-power-demand","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/coal-india-q3-results-profit-up-70-to-rs-7756-cr-on-higher-power-demand\/","title":{"rendered":"Coal India Q3 results: Profit up 70% to Rs 7,756 cr on higher power demand"},"content":{"rendered":"<p>BENGALURU (Reuters) &#8211; State-run Coal India reported a 70.1% surge in third-quarter profit on Tuesday, beating estimates, as production at the world&#8217;s largest coal miner increased due to higher power demand amid extreme weather conditions.<\/p>\n<p>Consolidated net profit rose to 77.56 billion Indian rupees ($948.35 million) for the quarter ended Dec. 31 from 45.58 billion rupees a year earlier, the company said in an exchange filing.<\/p>\n<p>Analysts, on average, had expected a profit of 70.47 billion rupees, according to Refinitiv IBES data.<\/p>\n<p>India, the world&#8217;s second-largest coal consumer and importer, reeled under extreme temperatures &#8211; from heatwaves in April to severe cold in northern states towards end of December &#8211; putting additional strain on power supplies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BENGALURU (Reuters) &#8211; State-run Coal India reported a 70.1% surge in third-quarter profit on Tuesday, beating estimates, as production at the world&#8217;s largest coal miner increased due to higher power demand amid extreme weather conditions. Consolidated net profit rose to 77.56 billion Indian rupees ($948.35 million) for the quarter ended Dec. 31 from 45.58 billion rupees a year earlier, the company said in an exchange filing. Analysts, on average, had expected a profit of 70.47 billion rupees, according to Refinitiv IBES data. India, the world&#8217;s second-largest coal consumer and importer, reeled under extreme temperatures &#8211; from heatwaves in April to [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,170,130],"tags":[],"class_list":["post-551616","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-coal-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/551616","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=551616"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/551616\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=551616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=551616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=551616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}