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Singareni's net profit upby 207% to Rs 1,212 crore in FY18

Press Trust of India  |  Hyderabad 

State-owned 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 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.

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

First Published: Wed, July 11 2018. 17:35 IST