Coal India Reports 57% Profit Jumps and Announces Dividend: Here's What Investors Should Know
India, Oct. 30 -- The share of the company, which is a state-owned coal mining and refining corporation in India and is the largest coal-producing company in the world, came into focus after posting Q2 numbers.
With a market capitalization of Rs 2,37,296 crore, Coal India Ltd's share on Friday made a day high of Rs 398.30 per share, up by 1.2 percent from its previous close of Rs 393.50 per share. The stock of the company gave negligible return over the last year.
Q2 Result Overview
QoQ View: Coal India's revenue from operations declined to Rs 44,179 crore in Q2 FY27 from Rs 46,255 crore in Q1 FY27, registering a 4.5 percent decline quarter-on-quarter. EBITDA fell to Rs 8,499 crore from Rs 12,069 crore, down 29.6 percent. Net profit de...
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