Latest News | Coal India Q4 Net Profit Rises 12 Pc to Rs 9,604 Cr
Get latest articles and stories on Latest News at LatestLY. State-owned Coal India Ltd on Wednesday reported a 12 per cent rise in consolidated net profit at Rs 9,604.02 crore in the quarter ended March 2025 on the back of higher income.
New Delhi, May 7 (PTI) State-owned Coal India Ltd on Wednesday reported a 12 per cent rise in consolidated net profit at Rs 9,604.02 crore in the quarter ended March 2025 on the back of higher income.
The company had posted a consolidated net profit of Rs 8,572.14 crore in the year-ago period, Coal India Ltd (CIL) said in a filing to BSE.
Total income during the January-March period rose to Rs 41,761.76 crore from Rs 40,457.59 crore a year ago, the filing said.
Total expenses of the coal behemoth during the fourth quarter increased to Rs 29,057.30 crore from Rs 28,950,41 crore earlier.
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CIL accounts for over 80 per cent of the domestic coal output.
The coal production by Coal India was almost flat at 62.1 million tonnes (MT) in April. It had produced 61.8 MT of coal in the year-ago period.
In the financial year 2024-25, CIL produced 781.1 MT of coal, nearly seven per cent less than the company's target for the financial year.
CIL's coal production target for 2024-25 was at 838 million tonnes.
Coal India Ltd is targeting a production of 875 million tonnes and offtake of 900 MT in 2025-26 fiscal year.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)