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Coal India records 7.5% growth in production in May 2024, offtake rises by 7.2%

Coal India Launches Bharat Coal Gasification and Chemicals Ltd

State-owned Coal India has launched a new subsidiary, Bharat Coal Gasification and Chemicals Ltd (BCGCL), to focus on coal-to-chemicals business. The new entity, in partnership with Bharat Heavy Electricals Ltd (BHEL), will produce ammonia and nitric acid as intermediates and ammonium nitrate as the end product.

Coal India Q4 Results: Net profit surges 26% YoY to Rs 8,682 crore, beats estimates

Coal India Q4 Results: Revenue from operations during the January-March 2024 period declined 2% year-on-year to Rs 37,410 crore. The same stood at Rs 38,152 crore in the corresponding period of last year. Operationally, the production of raw coal increased to 241 million tonnes in the fourth quarter as against 198 million tonnes in the previous-year period.

Q4 Preview: Coal India Q4 Preview: Net profit seen falling QoQ; strong operational show expected

Coal India s Q4 performance shows promising growth, with higher EBITDA and net profit. Strong operational show expected for the quarter ended March 2024, driven by lower employee costs and other strategic measures.

Coal India Output Rises 10% to 773.6 MT in FY24; Misses Annual Production Target

CIL's production and off-take are pegged at 838 MT for FY 2025, Coal India Output Rises 10% to 773.6 MT in FY24; Misses Annual Production Target