Coal India has reported a 22% fall in consolidated net profit for the September quarter, totaling ₹6,289 crore, compared to ₹8,049 crore in the same period previous year.
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Coal India also announced an interim dividend of ₹15.75 per equity share for fiscal year 2024-25. The company has chosen November 5, 2024 as the record date for this dividend, with payments due by November 24, 2024.
As per the company’s filing on the exchange, “the Board of Directors at its meeting held on date has inter alia, declared 1st Interim Dividend for the financial year 2024-25 @ Rs.15.75/- per share on the face value of Rs 10/- as recommended by the Audit Committee of CIL at its meeting held on date. As already intimated to stock Exchanges vide letter no CIL:XI(D):4157/4156:2024 dated 14.10.2024, the company has fixed Tuesday, 5th Nov’24 as the “Record Date” for the purpose of declaration of 1st Interim Dividend on equity shares for the Financial year 2024-25. The date of payment of “1st Interim Dividend” for FY 2024-25 shall be by 24th Nov’ 2024.”
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On Friday, the shares of Coal India closed at Rs 459.95. The 52 week high and low of the share is Rs 543.55 and Rs 302.90 respectively. According to the BSE analytics, the shares have given returns of 48.61 per cent in the last 1 year.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. Times Now Digital suggests its readers/audience to consult their financial advisors before making any money related decisions.)
