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May 28: CIL Q4 net down 5%

Labourers load coal on trucks at Bari Brahamina in Jammu.

State-owned Coal India Limited witnessed a 5% decline in consolidated net profit at Rs 4,013 crore for the January-March 2012 quarter. It was Rs 4,221 crore for the same period a year ago.

However, the consolidated total income jumped 32% to Rs 21,747 crore from Rs 16,485 crore in March 2011.

During the quarter employee cost jumped 89% to Rs 9,069 crore, which was Rs 4,806 crore a year ago.

Pictures by Reuters

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