ALSO READCoal India announces production and offtake performance Coal India may miss production target during FY'18 Sensex, Nifty turn flat after all-time high Coal India Board clears the way for 'Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India' (SHAKTI) Coal India misses production target by 6% in Apr-Dec, off-take up 7.6%
Due to this revision, the world's largest coal miner will earn an incremental revenue of Rs 1,956 crore for the remaining period of the 2017-18 fiscal year while total revenue will be Rs 6,421 crore, the company said in a regulatory filing.
The miner was compelled to revise prices in the wake of rising costs which was a drag on its profitability for the last few quarters.
In the remaining part of 2017-18, additional revenue from evacuation levy will be Rs 800 crore.
The recent wage revision had pushed up its annual employees cost by additional Rs 5,600 crore.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)