State miner Coal India Limited (CIL) Mondaydeclared a marginal net profit growth with a stand-alone net profit ofRs.45,765.70 million for the quarter ended June 30, 2012 as compared toRs.45,415.90 million for the like quarter the previous year.
The company's total income has increased from Rs.48,508.80 million for thecorresponding quarter of the previous fiscal to Rs.49,103.20 million for thequarter ended June 30, 2012.
The company's consolidated results show net profit after taxes, minorityinterest and share of profit of associates of Rs.44,692.60 million for thequarter ended June 30, 2012 as compared to Rs.41,439.20 million for the likequarter of the previous year.
Consolidated total income has increased from Rs.160,657.10 million for thecorresponding quarter of 2011-12 to Rs. 185,719.60 million for the quarterended June 30, 2012.
CIL's coal production has increased from 361 million tonnes in 2006-07 to 436million tonnes in 2011-12, the final year of the 12th Five Year Plan.Production is envisaged to reach 615 million tonnes in 2016-17.
Minister of State for Coal Pratik Prakashbapu Patil said in parliament Mondaythat CIL has been supplying more than 90 percent of the targets fixed in theannual supply plan of the coal ministry.
CIL has been in focus for its production and offtake, especially in the wake ofthe worst blackout the country faced earlier this month.