CIL registers 47.7 per cent growth in consolidated profit

Coal India Limited (CIL) has recorded a consolidated total income of Rs 290.86billion for the quarter ended December 2021, an increase of 19.5 per cent from Rs 243.35 billion recorded in the same quarter of previous year.

The company’s net profit has increased by 47.7 per cent to Rs 45.57 billion in the quarter ended December 2021 from Rs 30.84 billion during quarter ended December 2020. The increase in profit can be attributed to higher revenue from operations.

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