Business Update1 Oct 2024, 09:19 pm
Coal India Ltd. Reports 18.1% Growth in Offtake for Apr-Sep'24
AI Summary
Coal India Ltd. (CIL) has released its provisional production and off-take performance for the month of September 2024 and the period from April to September 2024. The company's coal production for the period from April to September 2024 stands at 20.8 million tonnes, representing a 2.8% decrease compared to the same period last year. However, the off-take performance shows a more positive trend, with a 18.1% increase, amounting to 130.0 million tonnes for the same period.
Key Highlights
- Coal India Ltd. reports a 2.8% decrease in coal production for Apr-Sep'24 compared to the same period last year.
- The company's off-take performance shows a significant increase of 18.1% for Apr-Sep'24, amounting to 130.0 million tonnes.
- Subsidiary companies such as BCCL, CCL, NCL, WCL, SECL, and MCL have also reported varying growth rates in both production and off-take.
- The provisional report is shared as per Regulation 30 of the SEBI (LODR) Regulations 2015 for information and record.
- The report includes the actual production and off-take figures for the period Apr-Sep'24 and the corresponding figures for the same period last year.