Coal India's 57% net profit rise to Rs 6,547 crore in Q2 signals strong earnings.
Context
What happened: Coal India reported a 57% rise in net profit to Rs 6,547 crore in Q2, with revenue from operations up 21% to ₹44,179 crore.
Key numbers: Net profit Rs 6,547 crore, up 57%. Revenue from operations ₹44,179 crore, up 21% from ₹36,553 crore. Total income ₹46,833 crore, up 21% from ₹38,694 crore. Total expenditure ₹38,398 crore, up 17% from ₹32,911 crore.
Why it matters: Revenue growth was driven by higher revenue from the sale of products, while expenditure rose at a slower pace than revenue and total income during the quarter.
Coverage: 4 outlets in 24h
What changed
Coal India reported a 57% rise in net profit to Rs 6,547 crore in Q2, with revenue from operations up 21% to ₹44,179 crore.