close

News WrapGet Handpicked Stories from our editors directly to your mailbox

Coal India Q3 net profit jumps 50 pc to Rs 4,566 cr on higher income

Updated: Tue, Feb 12, 2019
10:00 pm
PTI
RELATED NEWS
Budget 2019: FICCI suggests raising fund allocation on education Budget 2019: FICCI suggests raising fund allocation on education
Big boost for start-ups in India! Ecosystem set to improve; know what President Kovind said Big boost for start-ups in India! Ecosystem set to improve; know what President Kovind said
Logistics and warehousing sector in India: Check out teh big numbers and cities involved Logistics and warehousing sector in India: Check out teh big numbers and cities involved

State-owned Coal India Tuesday said its consolidated net profit rose 50 per cent to Rs 4,566.81 crore during the third quarter ended December 31, on higher income.

The company had posted Rs 3,042.68 crore net profit during the same quarter a year ago, Coal India said in a BSE filing.

Its total income during the quarter under review rose to Rs 26,209.13 crore from Rs 22,820.88 crore in the year-ago period.

During October-December 2018, the company said, its total expenses were at Rs 19,181.06 crore as against 18,172.78 crore in the corresponding period previous fiscal.

Production during the quarter stood at 155.97 million tonnes as against 152.73 MT.

Shares of the company Tuesday ended up 1.92 per cent at Rs 222.95 apiece on the BSE.

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)