Coal India's Q4 net profit rises up marginally to Rs 4,248 cr

The company had earlier reported a net profit of Rs 4,239 crore in the same quarter of last financial year

Coal India has reported a marginal rise in consolidated net profit at Rs 4,247.93 crore for the fourth quarter ended March 31, 2015-16.

It had posted net profit of Rs 4,238.55 crore in the corresponding quarter of financial year 2014-15, CIL said in a BSE filing.

The company's total income increased to Rs 21,402.75 crore in the fourth quarter of the last fiscal ended March 31, from Rs 21,339.55 crore in the year-ago period.

Production was up at 165.24 million tonne from 151.86 MT in the year-ago period.

For the entire fiscal 2015-16, Coal India's consolidated net profit was up 3.9 per cent at Rs 14,274.33 crore, while revenue increased by 5.2% to Rs 78,010.12 crore.
 

On standalone basis, the company's net profit during the January-March quarter increased 44.8 per cent to Rs 13,950.12 crore, over Rs 9,629.23 crore in the year-ago period.

"The major income of CIL standalone financials is dividend received from subsidiaries," the filing said.

Other income (including dividend from subsidiaries) stood at Rs 14,215.17 crore in the said quarter compared to Rs 9,782.76 crore in the year-ago period, the filing added.