Tag: CIL Q3 FY23 result
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India: CIL’s profits surge almost 70% y-o-y in Q3FY’23 despite marginal rise in offtake
Coal India Ltd (CIL) has reported a massive jump in profit earnings despite marginal increase in coal offtake in Q3FY23 (October-December, 2022). The steep rise in profits came on the back of a surge in bid prices in spot e-auctions conducted by CIL during the same period. As per data released by CIL, coal offtake…