HomeNewsBusinessEarningsCoal India Q1 PAT soars 64% to Rs 4143 cr

Coal India Q1 PAT soars 64% to Rs 4143 cr

Coal India's FY11 first quarter profit soared 64% to Rs 4,143 crore. As it rode on higher coal prices, the company had raised prices in February by up to 30% for some industries to offset higher costs. During the period, sales grew 27% to Rs 14,500 crore.

August 16, 2011 / 10:26 IST
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Coal India's FY12 first quarter profit soared 64% to Rs 4,143 crore. As it rode on higher coal prices, the company had raised prices in February by up to 30% for some industries to offset higher costs.  During the period, sales grew 27% to Rs 14,500 crore.


Talking about the results, NC Jha Chairman of the company said, "If you look at our Q1 performance there has been 64% increase in PAT. So I don
first published: Aug 13, 2011 12:33 pm

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