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- COAL INDIA Announces Quarterly Results (1QFY21); Net Profit Down 55.1%
COAL INDIA Announces Quarterly Results (1QFY21); Net Profit Down 55.1%
Wed, 23 Sep
COAL INDIA has announced its results for the quarter ended June 2020. Here is a detailed performance review of the same:
COAL INDIA Quarterly Financials
| No. of Mths Qtr. Ending | 3 Jun-19* | 3 Mar-20* | 3 Jun-20* | QoQ Change | YoY Change | |
|---|---|---|---|---|---|---|
| Net Sales | Rs m | 249,390 | 275,682 | 184,868 | -32.9% | -25.9% |
| Other income | Rs m | 11,502 | 19,132 | 7,851 | -59.0% | -31.7% |
| Turnover | Rs m | 260,892 | 294,814 | 192,718 | -34.6% | -26.1% |
| Expenses | Rs m | 183,266 | 208,394 | 154,351 | -25.9% | -15.8% |
| Gross profit | Rs m | 66,124 | 67,289 | 30,517 | -54.6% | -53.8% |
| Depreciation | Rs m | 7,343 | 10,294 | 8,526 | -17.2% | 16.1% |
| Interest | Rs m | 166 | 1,651 | 1,830 | 10.8% | 1004.1% |
| Profit before tax | Rs m | 70,118 | 74,475 | 28,012 | -62.4% | -60.1% |
| Tax | Rs m | 23,811 | 28,216 | 7,226 | -74.4% | -69.7% |
| Profit after tax | Rs m | 46,306 | 46,259 | 20,786 | -55.1% | -55.1% |
| Gross profit margin | % | 26.5 | 24.4 | 16.5 | ||
| Effective tax rate | % | 34.0 | 37.9 | 25.8 | ||
| Net profit margin | % | 17.7 | 15.7 | 10.8 |
Interim results exclude extraordinary / exceptional items
Year-on-Year Performance:
- The company's operating income during the quarter fell 25.9% on a year-on-year (YoY) basis. The expenses were down by 15.8% YoY during the same period.
- The company's operating profit declined by 53.8% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 16.5% in 1QFY21 as against 26.5% in 1QFY20.
- Depreciation charges increased by 16.1% and finance costs increased by 1004.1% YoY, respectively.
- Other income declined by 31.7% YoY during the quarter.
- Net profit for the quarter declined by 55.1% YoY. Net profit margins during the quarter declined from 17.7% in 1QFY20 to 10.8% in 1QFY21.
Quarter-on-Quarter Performance:
- The company's operating income during the quarter fell 32.9% on a quarter-on-quarter (QoQ) basis. The expenses were down by 25.9% QoQ during the same period.
- The company's operating profit declined by 54.6% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 16.5% in 1QFY21 as against 24.4% in 4QFY20.
- Net profit for the quarter declined by 55.1% QoQ, while net profit margins declined from 15.7% in 4QFY20 to 10.8% in 1QFY21.
To see how COAL INDIA has performed over the last eight quarters,please visit here.
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COAL INDIA Share Price Performance
Over the last one year, COAL INDIA share price has moved down from Rs 202.5 to Rs 120.0, registering a Loss of Rs 82.5 or around 40.8%.
Overall, the S&P BSE SENSEX is down 4.4% over the year.
Current Valuations
At the current price of Rs 120.0, the price to earnings (P/E) ratio of COAL INDIA stands at 5.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.9 times.
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COAL INDIA Announces Quarterly Results (2QFY21); Net Profit Down 16.3% (Quarterly Result Update)
Nov 25, 2020 | Updated on Nov 25, 2020For the quarter ended September 2020, COAL INDIA has posted a net profit of Rs 30 bn (down 16.3% YoY). Sales on the other hand came in at Rs 212 bn (up 3.8% YoY). Read on for a complete analysis of COAL INDIA's quarterly results.
COAL INDIA 2019-20 Annual Report Analysis (Annual Result Update)
Nov 4, 2020 | Updated on Nov 4, 2020Here's an analysis of the annual report of COAL INDIA for 2019-20. It includes a full income statement, balance sheet and cash flow analysis of COAL INDIA. Also includes updates on the valuation of COAL INDIA.
COAL INDIA Announces Quarterly Results (3QFY20); Net Profit Down 14.1% (Quarterly Result Update)
Feb 17, 2020 | Updated on Feb 17, 2020For the quarter ended December 2019, COAL INDIA has posted a net profit of Rs 39 bn (down 14.1% YoY). Sales on the other hand came in at Rs 232 bn (down 7.4% YoY). Read on for a complete analysis of COAL INDIA's quarterly results.
COAL INDIA 2018-19 Annual Report Analysis (Annual Result Update)
Jul 22, 2019 | Updated on Jul 22, 2019Here's an analysis of the annual report of COAL INDIA for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of COAL INDIA. Also includes updates on the valuation of COAL INDIA.
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