Question : Profit to CIL

Will the Minister of COAL be pleased to state:
a) the increase in net profit of Coal India Limited (CIL) during the current year in comparison to the previous year;
b) the estimated growth in coal supplies by CIL during the said period along with the actual supply made by CIL during October and December, 2015;
c) whether the company has registered increase in the first three quarters of 2015-16 in comparison to previous year;and
d) if so, the details thereof along with the quarterly production of coal during 2015-16 and 2014-15?

ANSWER

MINISTEROF STATE (IC) IN THE MINISTERYOFCOAL, POWER AND NEW&RENEWABLE ENERGY

(SHRIPIYUSH GOYAL)

(a)The increase in net profit of Coal India Limited (CIL) during the current year(upto third quarter) in comparison to the previous year is Rs. 538.25 crores as per the details given below:-

Period Apr.-Dec.’15 Apr.-Dec.’14 Increase
Net Profit (Rs. in crores) 10,026.40 9,488.15 538.25

(b)CIL hasachieved growth of 9.2% in its coal production in the current year(April,15 to Feb,16)in comparison to the previous year for the same period.

Raw Coal off – take of CIL during the quarter Oct-Dec.’15 has achieved growth of 10.7% in comparison to previous year for the same period.

(c & d):The company has registered an increase in the first three quaters of 2015-16 in comparison to previous year and the details of quarterly production of coal during 2015-16 and 2014-15 is given below:-
Apr.-June’15 Apr.-June’14 Increase
in Qtr-I July.-Sept.’15 July.-Sept.’14 Increase
in Qtr-II Oct.-Dec.’15 Oct.-Dec.’14 Increase
in Qtr-III
121.347 108.318 13.029 108.199 102.423 5.776 143.966 131.643 12.323
(Fig. in MT)

*****