Coal India Ltd has reported a net profit of Rs 2,626.1 crore for the quarter ended December 31, 2010. During the period, the firm’s net sales stood at Rs 12,691.9 crore. Since Coal India Ltd (CIL) was an unlisted company last year, the figures for the corresponding quarter of the last financial year were not available.
“Keeping all the problems, including the go-no-go issue in mind, the result is satisfactory. Moreover, inflationary pressures on wages and 29-40 per cent increase in DA has pulled pulled down the result. Still, I can assure you that January-March is definitely going to be better than October-December,” CIL Chairman, Partha S Bhattacharyya, said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app