Coal India trades in red on reporting marginal fall in Q4 consolidated net profit
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Coal India is currently trading at Rs. 158.15, down by 1.15 points or 0.72% from its previous closing of Rs. 159.30 on the BSE.
The scrip opened at Rs. 161.00 and has touched a high and low of Rs. 162.00 and Rs. 157.50 respectively. So far 925929 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 164.90 on 11-Jun-2021 and a 52 week low of Rs. 109.50 on 15-Oct-2020.
Last one week high and low of the scrip stood at Rs. 164.90 and Rs. 155.35 respectively. The current market cap of the company is Rs. 97186.23 crore.
The promoters holding in the company stood at 66.13%, while Institutions and Non-Institutions held 28.35% and 5.45% respectively.
Coal India has reported results for fourth quarter and year ended March 31, 2021.
The company has reported 75.67% fall in its net profit at Rs 2587.14 crore for the quarter under review as compared to Rs 10631.65 crore for the same quarter in the previous year. Total income of the company decreased by 76.97% at Rs 2585.46 crore for Q4FY21 as compared Rs 11226.48 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 1.10% fall in its net profit attributable to owners at Rs 4586.78 crore for the quarter under review as compared to Rs 4637.95 crore for the same quarter in the previous year. Total income of the company decreased by 6.19% at Rs 27974.12 crore for Q4FY21 as compared Rs 29820.97 crore for the corresponding quarter previous year.
For the year ended March 31, 2021, the company has reported fall of 32.27% in its net profit at Rs 7640.10 crore as compared to Rs 11280.88 crore for the previous year. Total income of the company decreased by 32.97% at Rs 8319.43 crore for year under review as compared to Rs 12411.49 crore for year ended March 31, 2020.
For the year ended March 31, 2021, on the consolidated basis, the company has reported fall of 24.02% in its net profit attributable to owners at Rs 12699.89 crore as compared to Rs 16714.19 crore for the previous year. Total income of the company decreased by 8.49% at Rs 93818.39 crore for year under review as compared to Rs 102525.30 crore for year ended March 31, 2020.
