The company has produced a total of 281.5 MTs of coal till August in FY24, which is higher by 11.1% as compared with the same period last year. The volume expansion in production was 28.2 MTs during the first five months of FY 2024 compared to 253.3 MTs during the same period FY 2023.

Total coal supplies to all consuming sectors shot up to 59 MTs in August 2023 reflecting a strong double digit growth of 15.3% compared to 51.2 MTs of same month last fiscal. Supplies were up nearly 8 MTs in a single month.

During April-August 2023 total coal off-take rose to 305.5 MTs with around 8% growth with a 22.4 MT gain over same period last year, when the off-take was 283.1 MTs.

The company's coal supplies to the non-power sector (NPS) grew by 61% to 12.1 MTs in August 2023. Supplies to power sector stood at 47 MTs in August 2023, up nearly 8% compared to the same month last year.

During April-August 2023, the coal fired plants of the country received 248.7 MTs of coal from CIL sources posting a 2% comparative growth. Supplies to power sector were 243.5 MTs in April-August 2023.

Coal inventory at CIL's pitheads stood at a comfortable 45.3 MTs as of 31 August, higher by 46% compared to 31 MTs of coal stock same date last year.

Coal India is a coal mining company engaged in the production and sale of coal. As of 30 June 2023, the Government of India held 66.13% stake in the company.

The company's consolidated net profit fell 9.8% to Rs 7,971.04 crore despite of 1.8% rise in net sales to Rs 33,072.64 crore in Q1 FY24 over Q1 FY23.