Coal India reports 17% drop in net profit; Indian Oil by 77% for Q3FY25
Coal India reported a 17 per cent drop in consolidated net profit to Rs 8,505.57 crore for the third quarter (Q3) of the financial year 2024-25 (FY25).
Coal India reported a 17 per cent drop in consolidated net profit to Rs 8,505.57 crore for the third quarter (Q3) of the financial year 2024-25 (FY25).
A body was recovered on Saturday morning by rescue teams from the rat-hole coal mine at 3 Kilo, Umrangso area, in Dima Hasao district of Assam, an official said.
Public sector undertaking Coal India has deployed a high-capacity pump with a 500 GPM (gallons per minute) capacity to dewater the mine at Assam’s Dima Hasao district where efforts are on to search the trapped labourers.
Bank of India has entered into an MoU with the Coal India Limited, a Maharatna Company for providing Salary account facilities to the employees of Coal India Limited and its subsidiaries.
Coal India is expanding the reach with new hospital partnerships for Thalassemia and Aplastic Anemia Treatments under our CSR initiative Thalassemia Bal Sewa Yojana.
Coal India has pegged supply to the power sector in 2023-24 at 610 million tonnes to meet the demand for coal-fired power plants.
Coal production in India rose to 58.33 million tonnes in August 2022, up by 8.2 per cent from the 53.88 million tonnes recorded in the corresponding period of last year.
CIL presently has over 2500 dumpers operating in opencast coal mines and the fleet consumes about 65 to 75 per cent of the total diesel used by CIL.
Coal India Ltd (CIL) supplied 117.6 million tonnes to power utilities during July- September 2021 quarter, the highest for Q2 of any year.
The company in association with GAIL (India) Limited and BEML Limited has already taken up a pilot project for retrofitting LNG kits in its two 100 tonne dumpers operating at the subsidiary Mahanadi Coalfields Ltd (MCL).
