Coal India March quarter profit soars; share price closes 1 pct higher

Coal India March quarter profit soars; share price closes 1 pct higher
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Mining major Coal India Ltd Thursday reported a consolidated net profit of Rs 6024.23 crore for the fourth quarter ended March 2019, a jump of 362 per cent over Rs 1302.63 crore, the post-tax profit of the corresponding period last year

The company's sales were at Rs 26,704.27 crore for the quarter under review against Rs 24,747.10 crore in the same period of FY'18

The PAT for the fiscal 2018-19 was Rs 17,462 crore,148 per cent higher than Rs 7,038.44 crore, the figure for the corresponding period of the previous fiscal.

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