Shares of Coal India Ltd. rose over 3% on Monday after it reported its fourth quarter outcomes.
The state run coal provider reported a 12% leap in revenue at Rs 9,604.02 crore for the January-March quarter, in comparison with Rs 8,572.14 crore in the identical interval final yr, in keeping with an change submitting on Wednesday. That is greater as in comparison with the Rs 8,414-crore consensus estimate of analysts tracked by Bloomberg.
The corporate’s income declined marginally to Rs 37,824.54 crore for the quarter ended March. Nonetheless, this was nonetheless above Bloomberg’s estimate of Rs 36,638 crore.
The working revenue—earnings earlier than curiosity, taxes, depreciation, and amortisation—rose 3.5% to Rs 11,790.45 crore compared to Rs 11,332 crore posted in the identical quarter final yr. Margin for the quarter expanded to 31.2% from 29.8% within the fourth quarter of the earlier fiscal.
The corporate additionally declared a last dividend of Rs 5.15 per share for fiscal 2025, which might be paid inside 30 days from the date of declaration on the ensuing annual basic assembly.
“The report date for last dividend could be fastened and intimated sooner or later,” the change submitting acknowledged.
The federal government, which owns 63.13% fairness, might be paid Rs 2,003 crore in dividends.
Coal India has Rs 11,160.68 crore in money and money equivalents as of March 2025 on a consolidated foundation.
Coal India Share Value Rise
Shares of Coal India rose as a lot as 3.04% to Rs 394.95 apiece. They pared positive factors to commerce 2.91% greater at Rs 394.45 apiece, as of 9:47 a.m. This compares to a 0.10% decline within the NSE Nifty 50.
The inventory has fallen 16.44% within the final 12 months and risen 1.03% year-to-date. Complete traded quantity to date within the day stood at 1.57 instances its 30-day common. Relative power index was at 37.08.
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