Coal India's profit rises 53% to ₹6,516 crore as supplies to power plants grow

Coal India reported a consolidated net profit of ₹6,516 crore for July to September, up 53% from ₹4,259 crore a year earlier. Revenue from operations rose 21% to ₹44,179 crore.

EBITDA rose 29% to ₹8,499 crore, and the margin improved to 19.2% from 18%.

September volumes

Coal production in September was 53.5 million tonnes, up 9.2%. Supplies rose 12.5% to 61.2 million tonnes, of which 48.9 million tonnes went to power plants.

The second interim dividend of ₹10.25 a share will be paid by November 27.