Coal India hits record in sales but disappoints on profit

During August and September, coal supplies to power plants grew by 20% and 21%, respectively

hile Coal India’s profit in the September quarter fell nearly 40 per cent, it also saw a record in output and sales.

Production rose 8.3 per cent to 113 million tonnes from the corresponding quarter a year before. Sales volume rose 13.6 per cent to 131.6 million tonnes. The performance, say company officials, had “never been seen in the recent past” and could also be the best ever.

During August and September, coal supplies to power plants grew by 20 per cent and 21 per cent, respectively, from the same months last year. Supplies to NTPC, the largest client, and