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Coal India is set to announce its fourth quarter results today. The company's sales are seen up 14% at Rs 14430 cr versus Rs 12692 crore. EBITDA is seen up 41% at Rs 4768 crore versus Rs 3375 crore. EBITDA margin is seen at 33% vs 27%. Net profit is seen up 42% at Rs 3734 crore versus Rs 2626 crore.
Coal India is to announce its fourth quarter results. According to CNBC-TV18's estimates, Q4FY11 sales are seen up 14% at Rs 14430 crore versus Rs 12692 crore, quarter-on-quarter, (q-o-q).
In an exclusive interview with CNBC-TV 18's Gautam Broker and Reema Tendulkar, chief financial officer Prabal Banerji said the plant load factor (PLF)across all units was than 91% in the previous quarter. He also added, the company has steady cash reserves for the next 25 years to come.
In an interview with CNBC-TV18, B Hariharan, Group Director (Finance) of Avantha Group, gave his perspective of the third quarter performance and their divulged future plans.
Angel Broking has come out with its earning estimates on metal sector for the quarter ended March 2011. According to the research firm, Coal India March quarter net sales are expected at Rs 13,524 crore, year-on-year, (YoY) basis.
Prabhudas Lilladher has come out with its earning estimates on the metals & mining sector for the quarter ended December 2010. According to the research firm, Coal India's December quarter net sales are expected to be at Rs 12,448.1 crore as against Rs 11,454.4 crore in previous quarter.