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Coal India shares climb over 4%
image for illustrative purpose
New Delhi: Shares of Coal India Ltd (CIL) on Friday climbed over 4 per cent after the company reported a 26.2 per cent rise in consolidated net profit for the March quarter.The stock jumped 4.15 per cent to Rs472.10 on the BSE.
At the NSE, it rallied 3.97 per cent to Rs471.95. Coal behemoth CIL on Thursday reported a 26.2 per cent rise in consolidated net profit to Rs8,682.20 crore for the March quarter on the back higher supplies of the dry fuel. The company’s consolidated net profit stood at Rs6,875.07 crore in the year-ago period, Coal India Ltd (CIL) said in a regulatory filing.