Coal India Ltd's Q1FY20 consolidated net profit rises 22.3% yoy to Rs4,630cr.
The company’s consolidated revenue stood at Rs24,939cr, up 3.6% yoy but down 12.6% qoq.
Coal India beat estimates for Q1FY20 aided mainly by realisations.
Revenue grew by 3.6% yoy to Rs24,939cr (expectation Rs25,037cr). EBITDA stood at Rs6,612cr against estimates of Rs6,118cr.
EBIDTA margin came in at 26.5% for Q1FY20. Net Profit stood at Rs4,630cr against an estimate of Rs4,395cr.
Production for Q1FY20 stood at 136.9mn tonnes, flat yoy (136.9mn tonnes in Q1FY19)
Offtake for Q1FY20 stood at 153.5mn tonnes, flat yoy (153.5mn tonnes in Q1FY19)
Segmental sales for Q1FY20 stood at:
FSA – 130.3mn tonnes, vs. 130.4mn tonnes in Q1FY19
E-auction – 19.1mn tonnes vs. 19.4mn tonnes in Q1FY19
Realisations (per tonne) for the quarter across categories for Q1FY20 stood at:
Blended Realisations – Rs1,516 (up 2.7% yoy)
FSA – Rs1,370 (up 4.3% yoy)
E-auction – Rs2,155 (down 10.2% yoy)
Chart View:
Coal india ltd opened at Rs. 208 and touched a high and low of Rs. 211.40 and Rs. 202.80 respectively. A total of 72,08,943 (NSE+BSE) shares were traded on the counter. The stock traded below its 20 MA,90 MA. 200 MA,
Only one short term support at - 190,194
if it breaks this price 193 level, will not found any bottom level.
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