Coal India will release its third-quarter results today and the Street is expecting a growth of around 5 percent on the topline, supported primarily by higher YoY e-auction and FSA realisations. It will be important to know how much of the sales were to e-auction and how much of them were to FSA.
Q3 profit is expected to stand at Rs 3,850 crore. Margins at around 21.3 percent will be stable because of higher volumes and realisations. The company has been talking about better control cost so the Street will be watching out for that.