Coal India profit drops 52% to â¹1,295 crore in March quarter
India's largest miner Coal India has posted a 52.3% year-on-year decline in net profit to â¹1,295.30 crore for March quarter, compared to â¹2,718.8 crore in same quarter last fiscal. The company's revenue from operations increased 8.3% to â¹26,909 crore. Coal India, accounting for over 80% of domestic coal output, has pegged its production estimate at 630 million tonne for 2018-19.