Member access

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

COAL INDIA LTD (COALINDIA)

59
End-of-day quote. End-of-day quote NATIONAL STOCK EXCHANGE OF INDIA - 11/24
348 INR   +0.22%
4d ago India to allow foreign firms mine and sell coal
11/14DJIndia Shares Rise As Inflation Eases
11/06 Exclusive - Modi sell-off drive stalls, more Indian spending cuts on way
SummaryQuotesChart AnalysisNewsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll 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; anirban.chowdhury@dowjones.com

React to this article
Latest news on COAL INDIA LTD
11h ago COAL INDIA : Unions call off strike
4d ago COAL INDIA : Govt headhunter opts for another IAS man to head Coal India
4d ago India to allow foreign firms mine and sell coal
4d ago COAL INDIA : CIL RATIFIES Rs11,000 CRORE THERMAL POWER PROJECT
4d ago COAL INDIA : Sutirtha bhattacharya as cil chief?
6d ago COAL INDIA : Bt500 rankings: india's most valuable top-500 companies - coal indi..
11/15 COAL INDIA : India's plan to stop importing coal deals another blow to Australia
11/15 COAL INDIA : Cil signs 161 fuel supply pacts with power plants
11/15 CESC : To start 600-mw haldia plant next month
11/14DJIndia Shares Rise As Inflation Eases
Advertisement
Chart
Duration : Period :
Coal India Ltd Technical Analysis Chart | COALINDIA | INE522F01014 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF