Coal India has reported a fall of approx 52% in the net profit, for the quarter ended March 31,2018 at Rs.1,295 crore.

The company had posted a profit of Rs.2,919 crore, for the corresponding quarter of last year. Its revenue fell 16% at Rs.26,909 crore, against Rs.23,243 crore YoY. Its operating profit came in at Rs.195.5 crore, against Rs.3,460.5 crore YoY.

Further, it has also reported tax credit of Rs.142 crore, against Rs.156.1 crore, while its stripping activity adjustment was reported at Rs.2,485 crore.

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