Coal India Q1 profit flat as costs rise 27%
after close1 source ↓written by the desknot a recommendation
- despite rising costs
- 0.7% YoY increase
- due to higher
- 27%
- per share
- ₹5.50
Coal India reported a net profit of ₹8,850 cr for Q1, reflecting a 0.7% YoY increase despite rising costs. Expenses surged 27% due to higher prices for explosives and diesel, influenced by the West Asia conflict. The company declared an interim dividend of ₹5.50 per share, aiming to mitigate cost impacts.
Not investment advice. For informational purposes only.