Coal India touched record production of 539 mn tonne in FY16. A fall in coal prices and increasing costs, however, played spoilsport. Net profit rose nearly 4 per cent to Rs.14,274 crore for the year ended March 2016. Profit during 2014-15 was Rs.13,727 crore. Offtake was at a record high of 534 mt during 2015-16. Net sales increased five per cent to Rs.75,644 crore.
Contact: Coal India.
Tel: 011-2201 8457.
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