Coal India on Monday released its fiscal third quarter earnings report with profit at Rs 8491.22 crore for the third quarter of FY25, posting a drop of 17.49 per cent in comparison to Rs 10,291.71 crore during the same period of previous financial year, missing estimates. It recorded revenue from operations at Rs 35,779.78 crore, down 1.03 per cent as against Rs 36,153.97 crore during the third quarter of FY24. The company EBITDA stood at Rs 12,317.2 crore. Net sales during the quarter in review came in at Rs 32,359 crore.
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According to a CNBC TV18 poll, Coal India was expected to report Q3 profit at Rs 7799 crore and revenue for the quarter was estimated at Rs 35,558 crore.
During the quarter in review, coal production stood at 202.02 MT, up 2 per cent YoY from 198.99 MT during the same period last year. In that, the highest production was recorded by its subsidiary MCL at 60 MT, followed by SECL at 40.06 MT and NCL at 38.39 MT.
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For the nine month period, CIL posted profit at Rs 25,709.57 crore and revenue was at Rs 102,917.27 crore.
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