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    coal investing

    Coal India Posts Q3 Profit Increase of 54%

    Investing News Network
    Feb. 13, 2012 01:34PM PST
    Industrial Metals Investing

    Bloomberg reported that Coal India (BSE:533278) reported a higher than expected profit for third quarter.

    Bloomberg reported that Coal India (BSE:533278) reported a higher than expected profit for third quarter.

    As quoted in the market news:

    Net income climbed to 40.4 billion rupees ($821 million), or 6.39 rupees a share, in the three months ended Dec. 31 from 26.3 billion rupees, or 4.16 rupees, a year earlier, Coal India said in a stock exchange filing yesterday.

    Click here to read the full Bloomberg report.

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