Categories AlphaGraphs, Earnings

Coal India Ltd Q3FY24; 18% rise in Profits

Coal India Ltd is mainly engaged in mining and production of Coal and also operates Coal washeries. The major consumers of the company are power and steel sectors. Consumers from other sectors include cement, fertilizers, brick kilns etc.

Financial Results:

Coal India Ltd reported Revenues for Q3FY24 of ₹36,154.00 Crores up from ₹35,169.00 Crore year on year, a rise of 2.8%.

Total Expenses for Q3FY24 of ₹26,268.00 Crores up from ₹26,247.00 Crores year on year, a rise of 0.08%.

Consolidated Net Profit of ₹9,094.00 Crores up 17.81% from ₹7,719.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹14.72, up 17.01% from ₹12.58 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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