Coal India (CIL) reported a 26.2% increase in consolidated net profit for the March quarter, reaching Rs 8,682.20 crore due to higher coal supplies. Despite a decline in consolidated income to Rs 39,654.50 crore from the previous year, CIL posted a 25.8% growth in profit after tax (PAT) to Rs 8,640 crore. The PAT for the entire FY24 reached Rs 37,369 crore, marking a 17.8% YoY growth. The company’s board recommended a final dividend of Rs 5 per share, in addition to the interim dividend of Rs 20.50 per share paid earlier.
Coal India Registers 26.2% Rise in Q4 Net Profit to Rs 8,682.20 Crore
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