Coal India Q3 result: State-owned coal mining company Coal India on Monday, January 27, reported a 17.5 per cent year-on-year (YoY) decline in its consolidated net profit to ₹8,491.22 crore for the December quarter (Q3) of the current financial year. In the same quarter last year, the company’s profit was ₹10,291.71 crore. Sequentially, however, the company’s profit rose 35 per cent. In Q2FY25, the mining company’s profit was ₹6,274.80 crore.
Coal India’s sales during the quarter under review declined 2 per cent to ₹32,358.98 crore from ₹33,011.11 crore in the same quarter last year.
More to come…