Profits dipped despite around 10 per cent rise in coal sales to Rs 24,032.54 crore during the quarter under review.
The miner has reported the Q4 results as per the new accounting standards and FY16' Q4 figures are restated.
The miner informed the bourses that it's employees benefit cost was at Rs 9229 crore during the quarter, sharply higher from Rs 7843 crore registered in the corresponding quarter of FY16.'
Coal production and despatch during the quarter was at 176.37 million tonne and 151.54 million tonne.
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