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16 June, 2024 18:51 IST
Coal India Q4 consolidated profit drops 1% to Rs 45.87 bn
Source: IRIS | 15 Jun, 2021, 04.29PM
Rating: NAN / 5 stars.
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 Coal India, an Indian state-controlled coal mining company has reported 1.10% fall in its consolidated net profit attributable to owners at Rs 45.87 billion for the quarter ended March 2021 under review as compared to Rs 46.37 billion for the same quarter in the previous year.

Total income of the company decreased by 6.19% at Rs 279.74 billion for Q4FY21 as compared Rs 298.20 billion for the corresponding quarter previous year.

For the year ended March 31, 2021, on the consolidated basis, the coal behemoth has reported fall of 24.02% in its net profit attributable to owners at Rs 126.99 billion as compared to Rs 167.14 billion for the previous year.

Total income of the company decreased by 8.49% at Rs 938.18 billion for year under review as compared to Rs 1,025.25 billion for year ended March 31, 2020.

The Board of Directors has recommended final dividend of Rs.3.50 per equity share of face value of Rs.l0 each for the financial year 2020-21, subject to approval of the Members at the ensuing Annual General Meeting (AGM) of the Company.

Shares of the company declined Rs 2.10, or 1.32%, to trade  at  Rs 157.20.  The total volume of shares traded  was 13,75,540 at  the BSE (3.15 p.m, Tuesday).

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