CIL Q4 net marginally down at Rs 4,589 cr; declares Rs 3.5 final dividend

Revenue from operations decreased to Rs 26,700 crore as against Rs 27,568 crore a year ago

State-owned Coal India on Monday reported a marginal 1.1 per cent decline in its consolidated profit at Rs 4,586.78 crore for the quarter ended March 2021 on the back of lower sales.

The coal behemoth had posted a consolidated profit of Rs 4,637.95 crore in the same period a year ago, Coal India Ltd (CIL) said in a filing to the BSE.

Its consolidated sales in the January-March period declined to Rs 24,510.80 crore, from Rs 25,597.43 crore in the March quarter of 2019-20, the filing said.

However, the expenses of the company during the January-March 2021 quarter dropped to Rs 21,565.15 crore