Tag: Coal Production Target
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MCL Logs INR 4491 Crore Net Profit in FY17
Coal India subsidiary Mahanadi Coalfields Ltd (MCL) exited 2016-17 with a profit after tax (PAT) of INR 4491.09 crore, a growth of 7% over INR 4207.75 crore in FY16. MCL has contributed 48% to CIL’s net profit of INR 14,000 crore for FY17. MCL’s Profit before Tax touched a record high of INR 6853.32 crore…