Coal India Q4FY21 Results: DECLARED! CHECK net profit; know key HIGHLIGHTS

Coal India Q4FY21 Results: Coal India Limited (CIL) today posted a net profit of Rs 4588 cr for the quarter ended 31 March 2021, which was marginally down from the net profits posted by the company in the year ago period at Rs 4627 cr. The decline was 0.8 per cent on the year-on-year basis. For the year ended 31 March 2021, the net profit stood at Rs 12,702 cr as against Rs 16,700 for FY20.

Revenues from operations for Q4FY21 stood at Rs 26,700 cr versus Rs 27,568 cr in Q4FY20. The revenues for FY21 stood at Rs 90,026.01 as against Rs 96,080.34 for FY20.

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Earnings Per Share for the reporting quarter were at Rs 7.44 as against Rs 7.53 during the corresponding quarter in FY20. For the year ended period, the EPS were at Rs 20.61 as against Rs 27.12 in FY20.

The shares of Coal India Limited today ended at Rs 159.20 on the NSE, down by over 2 per cent from the last closing price on Friday.

Earlier, Zee Business Research Analyst Ashish Chaturvedi estimated the quarterly results to remain weak for the last quarter of FY21 for Coal India.

Market Expert Sandeep Jain had said that CIL was currently available at cheaper valuations and is also important in terms of dividend payout.

Moreover, the PSU stocks have not had a very strong run in the stock markets, he said indicating an upside in this stock from here. He said that power and infra stocks have been doing well which makes a good case for Coal India stocks.