CIL chief Pramod Agrawal pointed out the "sustained efforts and inspired performance” of CIL's subsidiaries and has written to them "to end FY22 on a sound note scaling even more highs."

Almost all CIL subsidiaries are ahead in their respective coal off-take numbers over corresponding period last year, the company said in a statement.

CIL said it is concentrating its efforts to increase its supplies further in a bid to touch 670 MTs off-take mark in FY22.

CIL had pipped the 575 MT total coal despatch of FY21 on 16th February itself. Off-take ending FY20 was around 580 MTs.

"CIL's current off-take is averaging a little over 2 MTs per day and is expected to go up higher as the month progresses. We are hopeful of reaching 670 MTs if the demand holds" said a senior executive of the company.

On a consolidated basis, the PSU coal major's net profit jumped 47.7% to Rs 4556.54 crore on 19.7% increase in net sales to Rs 25,990.97 crore in Q3 FY22 over Q3 FY21.

Coal India is a coal mining company engaged in the production and sale of coal. As of 31 December 2021, the Government of India held 66.13% stake while Life Insurance Corporation (LIC) of India held 11.01% stake in the company.