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.
The minister said if transparent sand auction is followed in the country, it would fetch up to Rs 20,000 crore royalty for the government.
MCL reported a robust 42.6 per cent growth in over burden removal during the current fiscal up to 25 May, compared to same period year ago.
In 2019-20, SCCL dispatched 52.95 MT of coal as compared to 55.38 MT in the previous fiscal, registering a decline of 4.4 per cent.
The fuel supply by Coal India (CIL) during the month of November also registered a decline of 9.9 per cent to 38.8 MT
The company's net profit stood at ₹3,084.54 crore in the year-ago period, it said in a regulatory filing.
