Coal India reports lowest quarterly profit since listing
State-run Coal India, the world's biggest coal miner, has reported its lowest ever quarterly profit since listing on the stock exchange, due to higher expenses and a drop in sales. The company's consolidated net profit for the quarter ended September 30 dropped 77.4% to ₹600.4 crore from ₹2,654.4 crore a year ago. Coal India produces over 81% of India's coal.