Hot Pursuit     01-Mar-24
Coal India jumps after coal production rises 8% YoY to 74.8 MT
Coal India added 2.19% to Rs 447.30 after the company’s coal production increased 8.7% to 74.8 million tonnes (MT) during the period as compared with 68.8 MT produced in same period last year.
In terms of coal offtake, CIL reported a notable 12% jump in volumes, reaching 65.3 MT for February 2024 compared to 58.3 MT in February 2024.

For the period from April 2023 to February 2024, the company’s total coal production and total coal offtake aggregates to 685.1 MT (up 10.5% YoY) and 684.7 MT (up 8.6% YoY), respectively.

Coal India is a coal mining company engaged in the production and sale of coal. As of 31 December 2023, the Government of India held 66.13% stake in the company.

The company’s consolidated net profit jumped 17.80% to Rs 9,093.69 crore on 2.79% increase in revenue from operations to Rs 36,153.97 crore in Q3 FY24 over Q3 FY23.

Previous News
  Coal India
 ( Results - Analysis 13-Nov-23   09:44 )
  Coal India
 ( Results - Analysis 13-Feb-24   09:37 )
  Coal India records 7.5% growth in production in May'24
 ( Corporate News - 01-Jun-24   11:59 )
  Coal India production rises 13% YoY to 51.4 MT in Sept'23
 ( Hot Pursuit - 03-Oct-23   11:09 )
  Coal India Ltd spurts 0.23%, gains for fifth straight session
 ( Hot Pursuit - 05-Mar-24   13:00 )
  Coal India consolidated net profit declines 17.33% in the March 2023 quarter
 ( Results - Announcements 08-May-23   08:24 )
  Coal India capex stands at Rs 10,492 cr in Apr-Nov'24
 ( Corporate News - 12-Dec-23   16:02 )
  Coal India fixes record date for 2nd interim dividend
 ( Market Beat - Reports 18-Jan-23   15:12 )
  Coal India Ltd soars 1.19%, rises for third straight session
 ( Hot Pursuit - 15-Nov-23   13:05 )
  Coal India consolidated net profit rises 12.51% in the September 2023 quarter
 ( Results - Announcements 11-Nov-23   07:41 )
  Coal India Ltd spurts 1.83%, gains for third straight session
 ( Hot Pursuit - 20-Sep-23   13:05 )
Other Stories
  JSW Energy arm secures LoA from SJVN
  29-Jun-24   16:45
  GE Power bags purchase orders from NTPC, MAHAGENCO
  29-Jun-24   16:05
  Cochin Shipyard arm inks contract with Norwegian company
  29-Jun-24   15:01
  Titan signs JV agreement with Rhythm Jewelry
  29-Jun-24   13:30
  BEL bags order worth Rs 3,172 crore from Armoured Vehicles Nigam
  29-Jun-24   12:44
  Orchid Pharma partners with Cipla for pan-India distribution of Cefepime-Enmetazobactam
  29-Jun-24   10:08
  Rajoo Engineers board OKs 1:1 bonus issue
  29-Jun-24   09:27
  Aditya Vision board to mull stock split proposal
  29-Jun-24   08:51
  Giriraj Civil Developers rallies on securing order worth Rs 181 crore
  28-Jun-24   16:57
  Oil India rises on appointing Rupam Barua as CFO
  28-Jun-24   15:25
Back Top