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Coal India Q2 Earnings: Profit likely to fall by over 20%

Updated : November 11, 2019 09:21 AM IST

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.
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