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Coal India Q1 2024-25 results: Net profit up 4.24%, revenue up 1.33%

Coal India saw a 4.24% increase in net profit for Q1 2024-25

Updated on: Jul 31, 2024, 17:54:42 IST
By Abhyjith K. Ashokan
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Coal India Ltd has released its first quarter results for the financial year 2024-25 on Wednesday, July 31, 2024.

What was Coal India's net profit and revenue?

A loader loads coal in the truck at an open cast coal field at Topa coal mine in the Ramgarh district in the eastern Indian state of Jharkhand, India, February 27, 2024. (Amit Dave/Reuters)
A loader loads coal in the truck at an open cast coal field at Topa coal mine in the Ramgarh district in the eastern Indian state of Jharkhand, India, February 27, 2024. (Amit Dave/Reuters)

Coal India's net profit was ₹10,943.55 crore for the financial year 2024-25. This was an increase of 4.24% or ₹445.16 crore, compared to ₹10,498.39 crore during Q1 2024-25.

The company's revenue was ₹36,464.61, which was an increase of 1.33% or ₹481.4 crore, compared to ₹35,983.21 crore during the same quarter of the previous year.

How did Coal India shares perform?

Coal India shares closed at ₹522.15 on the Bombay Stock Exchange (BSE) after the trading session on Wednesday, July 31, 2024. This was a gain of 0.62% or 3.20 points.

 
ABOUT THE AUTHOR
Abhyjith K. Ashokan

Deeply passionate about writing, Abhyjith works as a business journalist covering corporates, markets, the economy, and policy - forces that in many ways, shape the world and pave the path for intriguing storytelling. For him, breaking news is a high that only gets matched by the adventures of the open road; both of which he deems essential to what matters at the end of the day. The story.

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