{"id":551633,"date":"2023-02-01T11:20:02","date_gmt":"2023-02-01T05:50:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=551633"},"modified":"2023-02-01T11:20:02","modified_gmt":"2023-02-01T05:50:02","slug":"cil-net-up-69-in-q3-on-higher-premium-in-e-auction","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cil-net-up-69-in-q3-on-higher-premium-in-e-auction\/","title":{"rendered":"CIL net up 69% in Q3 on higher premium in e-auction"},"content":{"rendered":"<p>NEW DELHI: State-run Coal India Ltd on Tuesday posted a 69% increase in net profit in the third quarter (October-December 2022) at Rs 7,719 crore against Rs 4,557 crore a year ago on the back of increased sales and a sharp rise in realisation through e-auction sale.<\/p>\n<p>Profit in the nine months till December stood at Rs 22,597 crore, clocking a 112% increase over Rs 10,663 crore in the corresponding period of 2021-22 fiscal year and tops the highest-ever annual profit of Rs 17,464 crore posted by the company in 2018-19.<\/p>\n<p>The record profits came in spite of capping coal prices for the past five years amid rising input costs, especially diesel and explosives.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: State-run Coal India Ltd on Tuesday posted a 69% increase in net profit in the third quarter (October-December 2022) at Rs 7,719 crore against Rs 4,557 crore a year ago on the back of increased sales and a sharp rise in realisation through e-auction sale. Profit in the nine months till December stood at Rs 22,597 crore, clocking a 112% increase over Rs 10,663 crore in the corresponding period of 2021-22 fiscal year and tops the highest-ever annual profit of Rs 17,464 crore posted by the company in 2018-19. The record profits came in spite of capping coal [&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":[222,130,137],"tags":[],"class_list":["post-551633","post","type-post","status-publish","format-standard","hentry","category-coal-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/551633","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=551633"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/551633\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=551633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=551633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=551633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}