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Published on 29/06/2020 12:42:49 PM | Source: Angel Broking Ltd

Quote On 4QFY20 results of COAL INDIA by Mr. Jyoti Roy, Angel Broking

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Below is the Quote On 4QFY20 results of COAL INDIA by Mr. Jyoti Roy, DVP Equity Strategist, Angel Broking Ltd

“Coal India reported a 3.6% YoY decline in consolidated revenues to Rs.27,568 crore for Q4FY20, as compared to revenues of Rs.28,585 crore for Q4FY19. Sales volume for the quarter was flat at 163.9mn tons though production was up 10% YoY to 213.7mn Tons. EBIDTA for the quarter stood at Rs.6,729 crore down 18.3% YoY while EBIDTA margins contracted by 442 basis points to 24.4%. Consolidated net profit for the quarter stood at ₹4,626 crore as compared to profit of Rs.6,026 cr in the corresponding quarter previous year. While top line numbers were in line with street estimates net profit came in below street estimates largely on account of lower margins.”

 

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