India's largest coal producing company and state-owned Coal India has announced its results for the period of six months ended on September 2010. It has reported net profit at Rs 4,020.2 crore in H1FY11 as against Rs 3,115 crore in H1FY10, a growth of 29.06%.
Net sales jumped 16.13% to Rs 25,943.4 crore from Rs 22,340.2 crore.
Earning before interest, tax, depreciation and amortisation (EBITDA) margin improved to 27.6% versus 24.2%.
The company had raised more than Rs 15,100 crore through IPO in last month.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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