Coal India report 14% rise in consolidated net profit in Q2
12th Nov 2019

Coal India has reported results for second quarter ended September 30, 2019.

The company has reported 82.45% fall in its net profit at Rs 107.31 crore for the quarter under review as compared to Rs 611.51 crore for the same quarter in the previous year. However, total income of the company decreased by 60.93% at Rs 312.63 crore for Q2FY20 as compared Rs 800.17 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 14.21% in its net profit at Rs 3522.90 crore for the quarter under review as compared to Rs 3084.70 crore for the same quarter in the previous year. However, total income of the company decreased by 6.27% at Rs 22,012.94 crore for Q2FY20 as compared Rs 23,486.35 crore for the corresponding quarter previous year.