Coal India reports 57% rise in net profit to Rs 6,547 crore in Q2

Coal India reported a 57% year-on-year increase in net profit to ₹6,547 crore for the second quarter. The company also recorded higher revenue from operations during the period.

Profit rises to ₹6,547 crore

Net profit increased 57% compared with the corresponding period a year earlier, reaching ₹6,547 crore. The result marks a substantial increase in the company’s quarterly earnings on a year-on-year basis.

Revenue grows 21%

Revenue from operations rose 21% to ₹44,179 crore, up from ₹36,553 crore a year earlier. The increase in revenue accompanied the stronger profit performance reported for the quarter.

What the figures show

Coal India’s reported second-quarter results show growth in both major financial measures provided: net profit and operating revenue. Profit growth, at 57%, was higher in percentage terms than the 21% increase in revenue.

The reported figures offer a snapshot of the company’s quarterly financial performance, with the comparison against the previous year highlighting gains in both earnings and revenue.