The PSU's total consolidated revenue from operations jumped 38.8 per cent to Rs 35092 crore in the June quarter against Rs 25282 in the corresponding ...
The off-take of raw coal also improved to 177.49 MT from 160.44 MT. Coal India's earnings per share improved to Rs 14.33 in Q1 against Rs 5.14 in the year-ago quarter. The PSU's total consolidated revenue from operations jumped 38.8 per cent to Rs 35,092 crore in the June quarter against Rs 25,282 in the corresponding quarter of the previous financial year.
Coal India Q1 results: The mining giant's revenue from operations came in at ₹35,O92 crore, up 38.8% for the quarter under review as against ₹25282 crore ...
On the other hand, the mining giant's revenue from operations came in at ₹35,O92 crore, up 38.8% for the quarter under review as against ₹25,282 crore in the year-ago quarter. Coal India Q1 results: The mining giant's revenue from operations came in at ₹35,O92 crore, up 38.8% for the quarter under review as against ₹25,282 crore in the year-ago quarter State-owned Coal India Limited (CIL) on Wednesday posted a 178.65% rise in its consolidated net profit at ₹8,832.86 crore for the April-June quarter (Q1FY23). The company had posted a profit of ₹3,169.86 crore in the year-ago period.
Coal India share price gained around 3 per cent in the opening session on Thursday on account of strong Q1 earnings. On the NSE, Coal India share price ...
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Coal India shares extended gains on Thursday, a day after the state-run mining company posted better than estimated financial results for the April to June ...
On the other hand, Jefferies has given Coal India shares a hold rating with a target price of Rs 175 per share. Also, the outcome of wage negotiations and fuel supply agreements (FSA) price increases were key for outperformance, it said, adding that the firm commanded a highest-ever premium of 200 percent to FSA. Coal India’s total expenses during the quarter stood at Rs 23,985 crore amid higher production and despatches during the quarter versus Rs 21,626 crore in June ended quarter last year. Following a stellar quarterly performance, global brokerage CLSA sees more upside in Coal India’s stock as it has raised its target price to Rs 250 from Rs 205 per share earlier and maintained a buy rating. The company's earnings before interest, taxes, depreciation and amortisation (EBITDA) also increased significantly by 152 percent to Rs 12,250.7 crore. The miner’s revenue jumped almost 39 percent to Rs 35,092 compared to last fiscal year's first quarter.
Shares of Coal India have posted a nearly three-fold rise in net profit, taking the shares to a fresh 52-week high. Top brokerages believe the demand for ...
Coal India posted back to back strong set of earnings for 1QFY23 on back of strong realisations in FSA (despite reduced volumes to non-power sector) and e-auction. Maintain Accumulate rating with revised Target Price of Rs 255 (earlier Rs 220) based on EV/EBITDA of 2.5x FY24e. The company displayed strong offtake and FSA realisations over last one year. A global energy crunch has propped up prices of coal the world over, which in turn has helped its first quarter numbers. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. It added that the EBITDA for first quarter was meaningfully above estimates, driven by better realisation.
Coal India Ltd on Wednesday reported an almost three-fold rise in consolidated net profit at ₹ 8,832.86 crore for the June 2022 quarter on the back of higher ...
Coal India Ltd on Wednesday reported an almost three-fold rise in consolidated net profit at ₹ 8,832.86 crore for the June 2022 quarter on the back of higher sales. On BSE, the stock opened strong at ₹ 226.00, then gained further to hit a 52-week high of ₹ 226.10, registering a rise of 2.84 per cent over its previous closing price after its June quarter profit almost tripled to ₹ 8,832.86 crore. Shares of Coal India gained over 3 per cent to hit a 52-week high in morning trade on Thursday after the company reported robust June quarter numbers.
Coal India Ltd on Wednesday reported an almost three-fold rise in consolidated net profit at Rs 8832.86 crore for the June 2022 quarter on the back of ...
Coal India Ltd on Wednesday reported an almost three-fold rise in consolidated net profit at Rs 8,832.86 crore for the June 2022 quarter on the back of higher sales. The company had posted a net profit of Rs 3,169.86 crore in the year-ago period, Coal India Ltd (CIL) said in a BSE filing. Coal India Ltd on Wednesday reported an almost three-fold rise in consolidated net profit at Rs 8,832.86 crore for the June 2022 quarter on the back of higher sales On BSE, the stock opened strong at Rs 226.00, then gained further to hit a 52-week high of Rs 226.10, registering a rise of 2.84 per cent over its previous closing price after its June quarter profit almost tripled to Rs 8,832.86 crore. On the NSE, the stock climbed 3.16 per cent to a 52-week high of Rs 226.80. Shares of Coal India gained over 3 per cent to hit a 52-week high in morning trade on Thursday after the company reported robust June quarter numbers.
Investing.com -- Shares of the state-owned coal mining company Coal India (NS: COAL ) advanced on Thursday and hit a fresh 52-week high of Rs 226.8 apiece, ...
Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. - Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: The mega-cap miner’s output in the reporting quarter advanced 28.8% YoY to 159.75 million tonnes and the offtake of raw coal climbed 10.66% YoY to Rs 177.5 MT. The Maharatna PSU posted a multi-fold jump in net profit by 178.65% YoY to Rs 8,832.9 crore in Q1 FY23, and revenue surged 38.8% YoY to Rs 35,092 crore.
Shares of Coal India hit a fresh 52-week high today after the state-owned firm's net profit rose 179 per cent for the quarter ended June 2022.
The market cap of the firm rose to Rs 1.34 lakh crore on BSE. Maintain accumulate rating with revised target price of Rs 255 (earlier Rs 220) based on EV/EBITDA of 2.5 times FY24e," said Prabhudas Lilladher in its post earnings review. "Coal India reported a strong, but inline performance in 1QFY23. While sales were ahead of our estimates, adjusted EBITDA and adjusted PAT were in line. Shares of Coal India hit a fresh 52-week high today after the state-owned firm's net profit rose 179 per cent for the quarter-ended June 2022. Sales rose 39.51 per cent to Rs 32,498 crore in the June quarter against Rs 23,293 crore in the corresponding quarter of previous fiscal. Coal India's consolidated net profit rose to Rs 8,834 crore for the first quarter of the 2022-23 fiscal on the back of higher sales.
The company had posted a net profit of Rs 3169.86 crore in the year-ago period, Coal India Ltd (CIL) said in a BSE filing. Its revenue from operations ...
Its output in the April-June period rose to 159.75 million tonnes (MT) from 123.98 MT in the corresponding quarter of the previous fiscal. The company's net sales in the first quarter rose to Rs 32,497.9 crore from Rs 23,293.65 crore earlier. Its revenue from operations during the April-June period increased to Rs 35,092.17 crore from Rs 25,282.75 crore a year ago. The company had posted a net profit of Rs 3,169.86 crore in the year-ago period, Coal India Ltd ( On the NSE, the stock climbed 3.16 per cent to a 52-week high of Rs 226.80. BSE, the stock opened strong at Rs 226.00, then gained further to hit a 52-week high of Rs 226.10, registering a rise of 2.84 per cent over its previous closing price after its June quarter profit almost tripled to Rs 8,832.86 crore.
On August 10, Coal India reported a 178.65% jump in its consolidated net profit at ₹8832.86 crore for the June quarter of the financial year 2023 (Q1FY23).