Tuesday 2 May 2017

Coal India's production declines, sales grow in April

Coal India on Tuesday said its production during April declined by 4.8 percent to 38.44 million tons (mt) as compared to 40.09 mt produced in the year-ago month. The miner reported its off-take grew by 6.1 per cent in April to 45.29 mt as against 42.45 mt sold in a corresponding month in 2016. Miner's two subsidiaries -- South Eastern Coalfields Limited (SECL) and Mahanadi Coalfields (MCL) contributed the majority of its monthly production by generating 10.10 mt and 10.28 mt of coal respectively. 

The off-take from SECL during April was at 12.44 mt while MCL achieved 11.07 mt of sales. Free Trials for two days in Share Market so why are you waiting for, Hurry up! SUBSCRIBE US >> http://www.ripplesadvisory.com/free-trial.php

No comments:

Post a Comment