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Coal India to mull interim dividend on Nov. 29

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Coal India said that its board will meet on Monday, 29 November 2021, to consider and approve payment of interim dividend for 2021-22.

The company has fixed Tuesday, 7 December 2021, as the 'record date' for the purpose of payment of interim dividend on equity shares for the financial year 2021- 22.

Coal India is a coal mining company engaged in the production and sale of coal. As of 30 September 2021, the Government of India held 66.13% stake in the company.

The state-run coal miner's posted a 0.6% fall in consolidated net profit to Rs 2,932.73 crore in Q2 FY22 from Rs 2,951.6 crore posted in Q2 FY21. Consolidated revenue from operations grew 9.3% YoY to Rs 21,292.5 crore during the period under review.

The scrip rose 0.61% to currently trade at Rs 157.15 on the BSE.

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

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First Published: Wed, November 24 2021. 09:24 IST