Coal India Q4 profit misses estimates
Source: IRIS | 29 May, 2014, 02.22PM
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 Coal India, an Indian state-controlled coal mining company, reported 18.10% fall in consolidated net profit at Rs 44.34 billion for the quarter ended Mar. 31, 2014 as against Rs 54.15 billion in the last year period. Market was expecting profit to come at 47 billion.
 Net sales increased 0.47% to Rs 199.98 billion from Rs 199.05 billion in the same period a year ago. Market was expecting sales to come at Rs 195 billion.
Shares of the company gained Rs 0.65, or 0.17%, to trade at Rs 381. The total volume of shares traded was 872,669 at the BSE (2.17 p.m., Thursday).
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