Kolkata, Aug. 31 -- Coal India will focus on improving realisations, productivity and cost control to strengthen earnings after its profitability and margins declined in the last financial year, Chairman B Sairam said on Monday.

In his speech at Coal India's 52nd Annual General Meeting, Sairam said the company would focus on improving the quality and sustainability of its earnings.

"Looking ahead, our focus will be on improving the quality and sustainability of earnings. We will continue to work towards improving realisation, enhancing productivity, containing controllable costs and improving asset utilisation," he said.

Realisation refers to the average price the company earns from the coal it sells. Lower average realisation was one ...