CMDC is a company of the government of the state of the chhattisgarh. The memorandum of understanding aims to strengthen cooperation between the two entities in the identification and development of mineral resources, focusing on areas of strategic and economic importance.
Coal India declared a decrease of 20.1% in annual sliding of the consolidated net profit for the June quarter to 8,734 sterling books, against 10,934 sterling books a year ago. However, the figures beat the CNBC-TV18 estimates, which had set profits at 8,000 sterling books.
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Revenues from operations in the first quarter amounted to 35,842 crosses, down 4.4% against 37,503 sterling books last year, but before the election of the 34,990 pore of sterling books.
The benefit before interest, taxes, damping and damping (EBITDA) for the first quarter reached 12,521 sterling books, 12.7% less than 14,338 sterling books during the period of the previous year, but comfortable above 10,850 crores.
Coal India Ltd’s shares ended at 382.05 ₹, down 1.30 ₹, or 0.34%, on ESB.
Also read: Coal India The shares decrease as the capital demances of the axis after an update of the moderate company
