Coal Inia recorded growth in quarterly profit




The world’s largest coal mining company Coal India limited has announced that consolidated net profit in the third fiscal quarter ending December 31 rose 14% yoy and amounted 37,18 billion rupees ($544,36 million) compared with 32,62 billion rupees a year earlier. Note that analysts on average had forecast a profit of 31,97 billion rupees.

Consolidated net sales, meanwhile, increased 6.8% yoy to 189,71 billion rupees.


Coal Inia recorded growth in quarterly profit 12.02.2016

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