Coal India reported a good set of Q4 earnings today as the company’s net profit surged to Rs 8,640.44 crore in the quarter ended March 2024 against Rs 6,869.46 crore posted in the same period last year. The company’s total income for the quarter however declined marginally to Rs 39,654 crore against Rs 40,371 crore posted in the same period last year.
Coal India today also announced that the board of directors of the company have approved a final dividend of Rs 5 per share of face value of Rs 10 each. “Board of Directors in its meeting held on date had recommended payment of Final Dividend for the financial year 2023-24 @ 5/- per share of the face value of Rs 10/- as recommended by the Audit Committee of CIL in its meeting held on date subject to the approval of the Members at the ensuing Annual General Meeting (“AGM”) of the Company,” Coal India said in an exchange filing.
