State-owned Singareni Collieries Company Limited today said its net profit during the last financial year stood at Rs 1,212 crore up 207 per cent over the previous year.
According to a press release issued by the miner, it clocked Rs 395 crore during 2016-17.
SCCL garnered Rs 22,667 crore total revenue including power sale in FY18.
SCCL Chairman and Managing Director, N Sridhar, said he will take up the issue of bonus to workers with Chief Minister K Chandrasekhar Rao soon.
Appreciating the workers for the good performance, he hoped the trend would continue during the current year also.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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