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Coal India Ltd posted a marginal decline in consolidated net profit at ₹2,933 crore for the quarter ended September 30, compared with ₹2,952 crore in the same period last year.
Net sales on a consolidated basis increased by nine per cent at ₹21,293 crore against (₹19,484 crore).
On a sequential basis, the consolidated net profit was down eight per cent from ₹3,174 crore during the quarter ended June 30. Net sales also declined by nine per cent compared with ₹23,294 crore during the quarter ended June.
The country’s largest miner registered a nine per cent rise in production at 125.83 million tonne (mt) during the July-September compared with 114.98 mt in the same period last year. Offtake was up by around 10 per cent at 147.43 mt (134.33 mt).
The company’s scrip closed at ₹166.95, down 0.03 per cent on the BSE on Friday.
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