Looking to outbeat dispatches achieved in December 2017: Coal India

Coal India has reported their highest ever monthly dispatches in December. In an interview with CNBC-TV18, Gopal Singh, CMD of the company discussed what the outlook for the remaining FY18 is.

Every month we will be creating a milestone in terms of the highest ever dispatches, he said.

So January, February, March all the months are going to be very good for Coal India, he added.

We will be dispatching about 56-57 million tonne every month, said Singh.

Below is the verbatim transcript of the interview.

Sonia: Can you give us what the targets could be in terms of dispatches for the rest of the year on top of 53.8 million tonne per month that you have done this time?

A: Every month we will be creating a milestone in terms of the highest ever dispatches. So January, February, March, all these months are going to be very good for Coal India.

Sonia: Can you give us some numbers, what kind of dispatches are achievable and what would you be targeting per day?

A: We will be dispatching about 56-57 million tonne very month more than this, this is the minimum.

Latha: To achieve your 600 million metric tonne target for FY18, you have to do actually 59 million tonne every month, achievable?

A: That is what I told you that 57 million tonne plus every month we will be dispatching.

For full interview, watch accompanying video...