Coal India's production grows 10% to 773.6 MT in FY24
It had produced 703.2 million tonne (MT) of coal during the preceding 2022-23 fiscal, the miner said in an exchange filing. In March, the company produced 88.6 MT coal, up 6.1 per cent over 83.5 MT in the same month last year.
State-owned Coal India has posted a 10 per cent rise in its coal output at 773.6 million tonne. However, the output fell short of its 780 MT production target for the 2023-24 financial year by 6.4 MT.
It had produced 703.2 million tonne (MT) of coal during the preceding 2022-23 fiscal, the miner said in an exchange filing. In March, the company produced 88.6 MT coal, up 6.1 per cent over 83.5 MT in the same month last year.
The coal offtake also rose by 8.5 per cent to 753.5 MT during the fiscal ended March 31, from 694.7 MT in 2022-23. The offtake in March was at 68.8 MT as compared to 64.2 MT last year, up 7.2 per cent.
Kolkata-based Coal India, under the Ministry of Coal, is the country's largest producer and supplier of dry fuel.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
If you make RDs of Rs 5,000, Rs 10,000, Rs 15,000, and Rs 20,000 in post office, what will be your maturity amount?
Special Live Trading Session on Saturday: Know why BSE, NSE will remain open on May 18; check timings
RCB vs CSK IPL 2024 Ticket Booking Online: Where and how to buy RCB vs CSK tickets online - Check IPL Match 68 ticket price, other details
Women loco pilots speak about their struggle; many men have to be informed even for 'washroom break' in a moving train
Bandhan Bank Q4 FY24 Results Preview: PAT, interest income likely to grow in almost double digits; asset quality may improve
04:54 PM IST