Ad

Like Us On Facebook

Sunday, August 4, 2013

Coal india Downs profit

Coal India's net profit in the first quarter of fiscal year 2014, 16.5 per cent to Rs 3731 crore. The company's profits in the first quarter of fiscal 2013 was Rs 4469.3 crore.

Coal India in the first quarter of fiscal year 2014, sales declined marginally to Rs 16 472 crore. The company's sales in the first quarter of fiscal year 2013 was Rs 16500.6 crore.

Year - to - year basis, the April-June quarter, down from CIL's Abita 4814.6 crore to Rs 3958 crore. Abita margin decreased from 29.2 per cent to 24 per cent of the company.

Year - to - year basis July - September quarter CIL's other income increased from Rs 2071.4 crore to Rs 2219.6 crore. Taxes on corporate tax rate of 29.3 per cent to 34.4 per cent.

Year - to - year basis, the April-June quarter million tons of coal production increased from 1024.7 to 1028.9 million tonnes. The company increased offtake 1130.4 1153.6 million tonnes from Mt.

Company under the FSA's power companies, coal supply by 90 per cent.

Year - to - year basis, the April-June quarter CIL E - Auction realization Rs 2561 per tonne to 2140 tonne. E - realization auction is impacted by declining profitability.

At prices of diesel in the first quarter of fiscal year 2014, an additional burden of Rs 143 crore on coal. April-June quarter, the company grew at a cost of about Rs 750 crore.

Raise prices by Coal India says that the company will look at the impact of the second quarter results. However, in fiscal 2014, the company's profit margins are expected to remain under pressure.

No comments:

Post a Comment

Sunny leone Gallery