September quarter revenue up 21%, profit up 57%; Rs 10.25 interim dividend
COALINDIA · price
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Coal India reported unaudited consolidated September quarter revenue of Rs 44,178.74 crore, up 20.8% year on year, and net profit of Rs 6,547.43 crore, up 57.1%. First-half revenue was Rs 90,433.54 crore and profit Rs 18,397.24 crore. The Board declared a second interim dividend of Rs 10.25 per share. The auditor flagged the stripping-provision treatment and a Rs 55,662.16 crore balance carried forward, but did not change its conclusion.
Strong growth and the Rs 10.25 interim dividend may support sentiment, but stripping-provision adjustments and board compliance gaps add risk.