Coal India Q2 results: Profit drops 32% to Rs 4,263 crore; heavy rains hit production

Coal India's September quarter profit fell 32 percent. Lower sales and increased expenses impacted earnings. Production also slipped due to heavy rainfall. The company aims for higher output in the coming fiscal year. Despite the dip, the government assures no coal shortage in the country.

Coal India Q2 results: Profit drops 32% to Rs 4,263 crore; heavy rains hit production
Coal India's September quarter profit fell 32 percent. Lower sales and increased expenses impacted earnings. Production also slipped due to heavy rainfall. The company aims for higher output in the coming fiscal year. Despite the dip, the government assures no coal shortage in the country.