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Coal India Declares ₹3.5 profit ..

  Today in this blog we will see how? coal India made a profit of ₹4,589 Crore in this lockdown time also. Coal India's Q4 net profit Coal India, India's largest coal miner, recorded a net profit of ₹4,589 crores in the fourth quarter of the current financial year (FY19) as against a net loss of ₹44 crores in the corresponding quarter of FY18. The company reported an improvement of 124% in net profit on an annual basis. The income from operations in the December 2018 quarter, the financial year 2018-19, stood at ₹17,238 crores, a growth of 26% over ₹13,744 crores recorded in the year-ago period. Coal India's profit stood at ₹4,586 crores in the financial year 2017-18. Source: Coal India Coal India said the profit was driven by higher sales volume, lower fuel and staff cost as well as increased realized coal prices. Coal India Declares ₹3.5 Final Dividends Coal India, the largest public-sector coal mining company in the world, declared ₹3.5 Final Dividend amounting to ₹4,589...