https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

CIL Clocks A 4.24% Swell In Consolidated Net Profit In Q1, FY25

As most of the country's coal mines are owned and operated by Coal India’s subsidiaries, its standalone performance cannot be judged on financial parameters
Indian Masterminds Stories

Maharatna PSU and India’s largest coal extracting behemoth, Coal India Limited (CIL), clocked a 4.24% swell in consolidated net profit year-on-year at Rs 10,943.55 crore for Q1 of FY2024-25. In the June quarter of the previous fiscal, CIL had recorded a net profit of Rs 10,498.39 crore. On a quarter-on-quarter basis, Coal India improved its net profit by a whopping 26.7%. CIL’s standalone profit for the June quarter of the current fiscal was Rs 87.46 crore, which was 90.5% lower than Rs 918.02 crore recorded in the June quarter of the previous fiscal.

As most of the country’s coal mines are owned and operated by Coal India’s subsidiaries, its standalone performance cannot be judged on financial parameters. Coal India’s standalone production of coal in Q1 FY25 was 0.053 Million Tonnes (MT), while the consolidated coal production for the quarter was 189.286 MT. Coal India primarily makes revenue through the sale of coal.

The PSU’s consolidated total revenue surged 1.33% in Q1 of FY25. On a quarter-on-quarter basis, the consolidated revenue was down 2.5%. CIL recorded a total income of Rs 35,349.21 crore and Profit before Tax (PBT) of Rs 14,147.21 crore in Q1 of FY25.


Indian Masterminds Stories
Related Stories
NEWS
IRTS logo
IRTS Gopinath Kaiwara Venkateshappa Appointed As Director In Ministry of Tourism
IRS Officers ndian revenue Services
IRS Rashmita Jha Given Additional Charge as CVO, Rural Electrification Corporation Limited
IRSME_resized
IRSME Anshul Kumar Pushkar to Officiate in JA Grade on Notional and Actual Basis
NCB-narcotics-control-bureau-reszd
IRS Shashank Seohare Made Assistant Director At NCB
IAS Sanjay Kumar
IAS Sanjay Kumar Made Interim Secretary for the Department of Higher Education
IRS Sameer Wankhede
IRS Sameer Wankhede Seeks CBI Probe in Atrocities Case Against Nawab Malik
Haryana police-resized
Haryana: Police Leadership Gets a Shake-Up, Saurabh Singh Appointed Commissioner of Police, Faridabad
IAS Mona Khandhar
IAS Mona Khandhar Takes Charge as Chairperson of Gujarat Panchayat Service Selection Board
Videos
WhatsApp Image 2024-11-20 at 18.06
Hyderabad's Transformation From The City of Pearls to Cyberabad
IMG-20241118-WA0002
The Journey Behind Kathakar Ki Diary | Video Interview 
GP Singh
They Aren’t Criminals, But IPS Officers, Standing Up To Political Pressure
ADVERTISEMENT
Latest
IRTS logo
IRTS Gopinath Kaiwara Venkateshappa Appointed As Director In Ministry of Tourism
IRS Officers ndian revenue Services
IRS Rashmita Jha Given Additional Charge as CVO, Rural Electrification Corporation Limited
ADVERTISEMENT
Videos
WhatsApp Image 2024-11-20 at 18.06
IMG-20241118-WA0002
GP Singh
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT