BY A STAFF REPORTER:
Quarterly Result:
• Net sales (including other operating income) of Coal India has increased 34.7% to Rs 25963.12 crore.
• Operating profit margin has jumped from 16.51% to 19.16%, leading to 58.73% rise in operating profit to Rs 4,843.90 crore.
• Raw material cost as a % of total sales (net of stock adjustments) increased from 7.65% to 7.99%. Purchase of finished goods cost rose from 0.24% to 0.30%.
• Employee cost decreased from 49.79% to 45.05%. Other expenses fell from 26.49% to 25.67%.
• Power and Oil fuel cost fell from 3.11% to 2.68%. Expenses from contract fell from 18.29% to 17.43%.
• Provisions write-offs cost rose from 0.24% to 0.30%. Other provisions rose from 0.24% to 0.30%.
• Other income fell 13.26% to Rs 680.97 crore. Provision for interest fell 19.31% to Rs 147.62 crore. Provision for depreciation rose 22.05% to Rs 1040.61 crore.
• Profit before tax grew 54.81% to Rs 4,335.56 crore. Share of profit/loss was 1.89% lower at Rs -1.08 crore. Provision for tax was expense of Rs 1161.42 crore, compared to Rs 722.62 crore. Effective tax rate was 26.79% compared to 25.81%.
• Net profit attributable to owners of the company increased 52.43% to Rs 3,169.85 crore.
• Consolidated coal production (raw coal) rose by 2.43% to 123.98 million tonnes (MT) in Q1 FY22 as against 121.04 million tonnes (MT) in Q1 FY21.
• Offtake (raw coal) jumped by 32.8% to 160.44 MT in Q1 FY22 from 120.8 MT in Q1 FY21
Source : Eureka
/anm-english/media/agency_attachments/AtBG5e3MoE629QYzhZen.png)
/ )
/anm-english/media/post_banners/l3CKJebteTnVzcbqsZMB.jpg)