Coal India reports quarterly profit of ₹3,718 cr
Coal India, the world's largest producer of coal, today reported a 14% rise in net profit to ₹3,718 crore for the quarter ended December. The net sales also registered a rise of 6.8% to ₹18,971 crore from the corresponding period last year. The rise is being attributed to an increased demand due to the government's focus on expanding electricity access.