CIL's consolidated revenue from operations increased 22 per cent to Rs 32,707 crore in the quarter under review from Rs 26,700 crore in the same quarter last fiscal.
The state-run miner has fixed March 16, 2021, as the record date for the payment of second interim dividend for FY21. The interim dividend will be paid
Coal India board approves interim dividend of Rs 5 per share
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Last Updated: Mar 05, 2021, 05:29 PM IST
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CIL accounts for over 80% of domestic coal production.
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NEW DELHI: State-owned CIL on Friday said its board has approved payment of second interim dividend of Rs 5 per share for 2020-21.
Coal India Ltd (CIL) has fixed March 16 as Record Date for the purpose of payment of second interim dividend on equity shares for 2020-21, the PSU said in a filing to BSE. The board of Directors in its meeting held on Friday, the 5th March 2021 approved payment of 2nd Interim Dividend for financial year 2020-21 @ Rs 5 per share of the face value of Rs 10 per equity share, the filing said.
KOLKATA: State-owned
Coal India s second interim dividend could be in the range of Rs 4-5 per share as it is working to match the previous year s total dividend amid an outstanding of Rs 25,000 crore, coupled with sluggish demand, sources said on Thursday. The miner had announced Rs 7.5 per share as the first interim dividend in November.
The board of Coal India is slated to meet on March 5 as it mulls to pay a second interim dividend.
Coal India is facing a tough time but it is working to match at least last year s total dividend payout, which was Rs 12 per share, sources told PTI.