Tuesday, 16 August 2011

Coal India Ltd's Q1 PAT rose by 64%

Coal India's first quarter in FY 2012 saw increase in PAT by 64%(Y-o-Y). Its PAT now stands at Rs 4143 Cr.
It is due to combined effect of increase in sales which increased by 27% in the same period. The sales figures for Q1 are Rs 14500 Cr.
The executives are apprehensive about the continuous increase in the price of coal as it may impact demand.