State-controlled Coal India will announce its second-quarter results today and it is not expected to be a great set of numbers. Here are the things to keep in mind ahead of the earnings:
- The topline is expected to see a de-growth of around 12 percent.
- The operating profit is likely to see a compression of close to 11-12 percent.
- The net profit is likely to decline by more than 20 percent.
- Sales volumes are down by around 11 percent at around 123 million tonnes.
- The production numbers have seen a de-growth of around 13 percent, at around 104 million tonnes.
- Motilal Oswal is expecting the fuel supply agreements (FSA) sales to see a de-growth of around 7 percent at 109 million tonnes.
- In terms of e-auction sales, it is expecting a sharper decline — more than 40 percent at around 10 million tonnes.