Coal Production
Coal India says Oct provisional output 62.5 mln tn, up 2.3% on year
This story was originally published at 18:13 IST on 1 November 2024
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--Coal India Oct provisional offtake 61.4 mln tn, down 0.5% on year
--Coal India Oct provisional output 62.5 mln tn, up 2.3% on year
MUMBAI – Coal India Ltd. Friday said production of coal by the company and its subsidiaries in October was a provisional 62.5 million tonnes, up 2.3% on year from 61.1 million tonnes. The coal offtake fell 0.5% to a provisional 61.4 million tonnes in October from 61.7 million tonnes a year ago, the company said in an exchange filing.
The company's coal output in Apr-Oct was up 2.5% on year at a provisional 403.8 million tonnes and the offtake for the period rose 1.5% to a provisional 428.5 million tonnes. Mahanadi Coalfields Ltd. had the highest coal production and offtake for both the latest month and for Apr-Oct among Coal India's eight subsidiaries.
Coal India reported a consolidated net profit of INR 62.89 billion for the September quarter on revenue of INR 306.73 billion. On Thursday, shares of the company ended at INR 452.05 on the National Stock Exchange, up 0.7% from the previous close. End
Reported by Akash Mandal
Edited by Ashish Shirke
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