Singareni Collieries Company Limited (SCCL) today said its net profit for the year 2016-17 stood at Rs 395.4 crore while turnover was recorded at Rs 17,853 crore.
According to a statement issued by the miner, it paid about Rs 6,056 crore to both Telangana government and Centre towards various taxes.
The PSU also spent Rs 30 crore towards Corporate Social responsibility during the last fiscal.
The Board of Directors, in a meeting held today also approved budgets for three new mines, the statement said.
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