On Monday, Coal India Ltd had reported a marginal decrease in consolidated net profit at Rs 4,589 crore for the quarter ending March 31, 2020. It was Rs 4,626 crore a year ago. Revenue from operations decreased to Rs 26,700 crore as against Rs 27,568 crore a year ago. The Board of Directors has recommended a final dividend of Rs 3.50 per equity share for the financial year 2O2O-21), which is subject to the approval of shareholders.

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“The Board of Directors have declared an interim dividend of Rs 4,622 crore (Rs 7.50 per share) on 11th November 2020 and Rs 3,081.37 Crore (Rs 5 per share) on 05th March 2021. Interim dividend of Rs 7,395.27 Crore (Rs 12 per share) was paid during FY2O,” the company said in a stock exchange filing.

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Coal India Ltd-View Detailed Analysis