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Coal India books YOY increase in fiscal Q1'19 profit

State-owned Coal India Ltd.'s attributable profit in the first quarter of its fiscal 2019 jumped to 37.86 billion Indian rupees, from 23.51 billion rupees a year earlier.

Revenues soared to 242.61 billion rupees from 205.68 billion rupees a year ago, according to unaudited results released Aug. 11.

The company recently reported production of around 136.9 million tonnes for the quarter, registering an increase of 15.2% on a yearly basis. Coal sales, meanwhile, rose 11.7% to 153.4 million tonnes.

As of Aug. 10, US$1 was equivalent to 68.99 Indian rupees.