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Coal India has posted a nearly 14 per cent growth in net profit to ₹3,718 crore in the quarter ending December 2015 against the comparable period last year.
The higher profits came against 6.8 per cent growth in turnover to ₹18,971 crore. Net margin improved from 18.36 per cent to 19.59 per cent.
Considering the substantially lower per tonne realisation from e-auction, the profit growth is entirely driven by volume sales.
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