Coal India pre-tax profit falls 5% in Q2 to Rs 4,060 crore

Revenue from operations up 3.78% year-on-year; board approves interim dividend

State-owned miner Coal India limited (CIL) witnessed a fall in profit by 5.07 per cent during the second quarter of the current financial year over corresponding period last fiscal. The company registered a profit before tax (PBT) of Rs 4,060 crore in the Q2.

For the half year ending September 2020, the PBT of CIL slipped by 39.2 per cent to Rs 6,860 crore. During H1 of last fiscal, its PBT stood at Rs 11,288 crore.

CIL’s consolidated revenue from operations increased by 3.78 per cent year-on-year to Rs 21,153.07 crore. The total income of the company saw a marginal