Weak power demand hit Coal India's volumes for the quarter ended December FY25 amid lower e-auction prices and increased competition.
(Reuters) - Coal India, which produces about 80% of the country's coal, reported a lower third-profit on Monday, hurt by a fall in sales volumes and a drop in e-auction premiums due to weak power ...
Total production of raw coal during the quarter rose to 202.014 million tonne from 198.994 million tonne in Q3FY24 and 152.060 million tonne in Q2FY25.
According to a CNBC TV18 poll, Coal India was expected to report Q3 profit at Rs 7799 crore and revenue for the quarter was estimated at Rs 35,558 crore. During the quarter in review, coal ...
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