Coal India net profit up 9% on higher sales

Feb 20 2013, 18:19 IST
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SummaryCoal India reported a rise in profit for the third quarter ended December 2012 at Rs 4,395 cr.

at Rs 1,696.9 crore, registering a growth of 39 per cent.

The PSU's standalone net profit stood at Rs 1,219 crore in the December quarter of FY12, the company said.

The standalone net sales of CIL in the November-December quarter went up to Rs 90 crore, over Rs 71 crore in the same period of last financial year.

The shares of CIL closed today at Rs 347.80 apiece on the BSE, up 0.80 per cent from the previous close.

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