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Coal India Q3 Results: Profit soars 18% YoY to Rs 9,094 crore

Coal India Ltd (CIL) reported a 17.8% increase in consolidated net profit to Rs 9,093.69 crore for the quarter ended December 31, 2023. Revenue from operations increased by 2.8% to Rs 36,153.97 crore. The company's consolidated sales also rose by 4.4% to Rs 38,357.23 crore. CIL's EBITDA increased by 13% to Rs 13,576.35 crore, and raw coal production and offtake both saw significant growth compared to the previous year. The company also declared a second interim dividend of Rs 5.25 per share.

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