State-run Coal India reported a 77.4 per cent on year fall in its consolidated net profit for the September quarter which stood at Rs.600.44 crore. The PSU´s net sales for the quarter also dropped 7.7 per cent on year to Rs.15,645.05 crore. During half yearly period of Apr-Sep, Coal India´s average realisation dropped from Rs1,430 per tonne to Rs.1,344 a tonne. Coal India further said production of the company in Apr-Sep rose 0.21 per cent to 230.04 million tonne while offtake declined 0.90 per cent to 249.11 million tonne.
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