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Business Economy


Coal India net profit slides 17 pc to Rs 8,491 crore in Q3

Coal India net profit slides 17 pc to Rs 8,491 crore in Q3

New Delhi, Jan 27 (UNI) State-owned Coal India Ltd (CIL) on Monday reported 17.49% year-on-year decline in consolidated net profit at Rs 8,491.22 crore for October-December quarter (Q3) of the current financial year 2024-25 (FY25).

The coal major had posted a profit of Rs 10,291.71 crore in the Q3 of the previous financial year 2023-24.

The public sector company's revenue from operation during the December quarter of the current financial year stood at Rs 35,779.74 crore, down 1.03% from Rs 36,153.97 crore in the corresponding period of the previous year.

The coal producer's total expenses during the quarter ending December 31, 2025 stood at Rs 26,201.55 crore as against Rs 25,132.87 crore in the same period a year ago.

At consolidated level, Coal India's gross trade receivables as on December 31, 2024 stood at Rs 20,976 crore.

The Board of Coal India in its meeting held today declared a second interim dividend of Rs 5.60 per equity share for the financial year 2024-25. The company has fixed January 31, 2025 as the record date for second interim dividend and it will be paid by February 26, 2025.

UNI NK CS1926

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