Coal Indias Q4 net profit rises up marginally to Rs 4,248 crore
It had posted a net profit of Rs 4,238.55 crore in the corresponding quarter of the financial year 2014-15, CIL said in a Bombay Stock Exchange (BSE) filing.
State-owned Coal India Ltd (CIL) has reported a marginal rise in consolidated net profit at Rs 4,247.93 crore for the fourth quarter (Q4) ended March 31, 2015-16.
It had posted a net profit of Rs 4,238.55 crore in the corresponding quarter of the financial year 2014-15, CIL said in a Bombay Stock Exchange (BSE) filing.
The company's total income increased to Rs 21,402.75 crore in the fourth quarter (Q4) of the last fiscal ended March 31, from Rs 21,339.55 crore in the year-ago period.
Its production was up at 165.24 million tonnes (MT) from 151.86 MT in the year-ago period.
For the entire fiscal 2015-16, Coal India's consolidated net profit was up 3.9% at Rs 14,274.33 crore, while revenue increased by 5.2% to Rs 78,010.12 crore.
On a standalone basis, the company's net profit during the January-March quarter increased 44.8% to Rs 13,950.12 crore, over Rs 9,629.23 crore in the year-ago period.
"The major income of CIL standalone financials is dividend received from subsidiaries," the filing said.
Other income (including the dividend from subsidiaries) stood at Rs 14,215.17 crore in the said quarter compared to Rs 9,782.76 crore in the year-ago period, the filing added.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.