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CIL reports an increase of 46% net profit at Rs 6715 cr

By IndianMandarins- 26 May 2022
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New Delhi (26.05.2022): Coal India Ltd announced the audited financial results (Standalone & Consolidated) for the fourth quarter and Financial Year ended March 31, 2022, and also the company declared the unmodified opinion and Final Dividend for FY 2021-22. There is an increase of around 46 per cent in CIL's consolidated net profit at Rs 6,715 crore for the quarter ending March 31, 2022. The Revenue also strikes up by 22 per cent to Rs 32,706 cr. 
Moreover, EBITDA stands at Rs 9,078 cr vs Rs 6,438 cr YoY. Further, the Board of Directors of Coal India Limited in its meeting had recommended payment of Final Dividend for the financial year 2021-22 at 3l- per share of the face value of Rs 101 as recommended by the Audit Committee of CIL in its meeting held on a date subject to the approval of the Members at the ensuing Annual General Meeting ("AGM") of the Company.

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