Coal India Q3 net profit slips 14pc to Rs 3,922 crore

Image
Press Trust of India Kolkata
Last Updated : Feb 11 2020 | 8:18 PM IST

Mining major Coal India Ltd on Tuesday reported a 14-per cent year-on-year decline in consolidated net profit for the December quarter at Rs 3,921.8 crore.

Net sales stood at Rs 21,566.41 crore during the quarter under review as against Rs 23,385.43 crore in the corresponding period a year ago, Coal India said in a release.

The Kolkata-based miner realised Rs 18,015 crore in October-December from fuel supply agreement (FSA) at Rs 1,411 per tonne.

Average realisation during the quarter was Rs 1,524 per tonne, the release said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Feb 11 2020 | 8:18 PM IST

Next Story