(20 second reading) In the March quarter, CIL reported a 26.2 per cent increase in consolidated net profit, reaching Rs 8,682.20 crore compared to Rs 6,875.07 crore in the corresponding period of the previous fiscal year. This substantial growth underscores the efficacy of its strategies in optimizing coal production and distribution.
While the consolidated income for the January-March period decreased marginally to Rs 39,654.50 crore from Rs 40,371.51 crore a year ago.
CIL’s PAT on a consolidated basis exhibited a robust growth of 25.8 per cent, amounting to Rs 8,640 crore in the Q4 of FY24. compared to PAT of Rs 6,869 crore last year.