Coal India reports around 5-fold jump in Q4 consolidated net profit
31st May 2019

Coal India has reported results for fourth quarter and year ended March 31, 2019.

The company has reported a fall of 52.16% in its net profit at Rs 4,315.66 crore for the quarter under review as compared to Rs 9,021.22 crore for the same quarter in the previous year. Total income of the company decreased by 49.45% at Rs 4,713.10 crore for Q4FY19 as compared Rs 9,324.13 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported around 5-fold jump in its net profit at Rs 6,024.13 crore for the quarter under review as compared to Rs 1,302.63 crore for the same quarter in the previous year. Total income of the company increased by 6.32% at Rs 30,365.84 crore for Q4FY19 as compared Rs 28,559.93 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 12.66% in its net profit at Rs 10,469.67 crore as compared to Rs 9,293.42 crore for the previous year. Total income of the company increased by 12.28% at Rs 11,482.96 crore for year under review as compared to Rs 10,226.86 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 17,462.18 crore as compared to Rs 7,038.44 crore for the previous year. Total income of the company increased by 15.06% at Rs 105,420.62 crore for year under review as compared to Rs 91,625.25 crore for year ended March 31, 2018.