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Coal India declares good Q2 result

Capital Market 

Consolidated net profit rises 14.21% to Rs 3,522.70 crore on 6.27% fall in total income to Rs 22,012.94 crore in Q2 September 2019 over Q2 September 2018.

The result was declared after market hours yesterday, 11 November 2019. Stock markets are closed today, 12 November 2019 on account of Gurunanak Jayanti. Shares of Coal India rose 0.26% to settle at Rs 209.85 yesterday, 11 November 2019.

Coal India said that its consolidated production of raw coal stood at 103.99 million tonnes in Q2 September 2019 as against 119.62 million tonnes in Q2 September 2018. Off take of raw coal stood at 122.44 million tonnes as against 137.33 million tonnes.

Coal India is the state owned coal mining corporate and is the single largest coal producer in the world.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, November 12 2019. 09:54 IST