Member access

4-Traders Homepage  >  Shares  >  NATIONAL STOCK EXCHANGE OF INDIA  >  Coal India Ltd    COALINDIA   INE522F01014


End-of-day quote. End-of-day quote NATIONAL STOCK EXCHANGE OF INDIA - 04/20
372.05 INR   -2.60%
03/20DJIndia Shares Fall as Legislative Challenges Weigh on Reform Hopes
03/11DJIndia Ex-PM Summoned to Appear Before Court in Coal-License Probe..
03/11DJFormer India Prime Minister Summoned to Appear Before Court
News SummaryMost relevantAll newsSector news 

Coal India Limited : Coal India's Fourth-Quarter Unconsolidated Net Falls On Tax Expense

05/18/2012 | 11:03am US/Eastern

Coal India Ltd. (533278.BY), the world's biggest coal producer, Friday said its fourth-quarter unconsolidated net profit fell 12% from a year earlier as a tax expense more than offset an increase in its substantial non-operating income.

The company said its standalone net profit for the January-March quarter fell to INR12.24 billion from INR13.86 billion a year earlier.

Sales fell about 2% to INR1.55 billion from INR1.58 billion.

Coal India's non-operating income rose 17% to INR15.39 billion. The coal-producer gets a major chunk of its income from interest on its cash reserves worth INR550 billion, which is parked in fixed deposits with various banks, as well as mutual funds.

Coal India, however, incurred a tax expense of INR2.57 billion during the quarter, compared with a gain of INR1.22 billion in the corresponding quarter last year.

-By Anirban Chowdhury, Dow Jones Newswires; 91-22-61456108;

React to this article
Latest news on COAL INDIA LTD
04/20 COAL INDIA : To use drones to assess output
04/18 COAL INDIA : Min approves transfer of linkage of Panipat Thermal Power Statio
04/17 COAL INDIA : Cil revives plan to reopen abandoned mines
04/17 COAL INDIA : subsidiary clocks record exploration in FY15
04/17 COAL INDIA : Ministry approves transfer of existing Linkage of Panipat TPS
04/16 COAL INDIA : -fired power to avoid Indian electricity blackouts this summer
04/15 COAL INDIA : Cil moves to rationalise coal linkage for southern gencos
04/15 COAL INDIA : users seek exit clause in linkage pacts with CIL
04/14 COAL INDIA : Cil to import 1.6 mt in fy16
04/13 Mozambique mine eating into assets of icvl, tatas
Duration : Period :
Coal India Ltd Technical Analysis Chart | COALINDIA | INE522F01014 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes