Nifty Q4 earnings: Top FY25 upgrades included Coal India (15 per cent), Axis Bank (3.8 per cent), Maruti Suzuki India (2 per cent), Bajaj Auto (1.3 per cent), and HDFC Bank (1.2 per cent).
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.
Coal India Ltd (CIL) reported a 7.3% increase in coal production to 61.8 million tonnes (MT) in April compared to 57.6 MT in the same period last year. CIL, which contributes over 80% of domestic coal production, also saw a 3.2% rise in coal offtake to 64.3 MT. Despite producing 773.6 MT in FY24, CIL fell short of its target of 780 MT.
Coal India Production: Coal India Ltd (CIL) reported a 7.3% increase in coal production to 61.8 million tonnes (MT) in April compared to 57.6 MT in the same period last year. CIL, which contributes over 80% of domestic coal production, also saw a 3.2% rise in coal offtake to 64.3 MT. Despite producing 773.6 MT in FY24, CIL fell short of its target of 780 MT.