Comments
Neyveli Lignite Corporation’s net profit dropped 15 per cent in the first quarter of the current financial year compared with that of the corresponding quarter last year. For the quarter ended June 30, the company reported a net profit of Rs 288.47 crore (Rs 342.83 crore) on an income of Rs 1,331.81 crore (Rs 1211.50 crore). During the comparable quarters, lignite mining profit dropped by 22 per cent, while that of power generation increased by 37 per cent. The profit before tax from lignite mining was Rs 267.44 crore (Rs 341.93 crore) and from power generation Rs 165.21 crore (Rs 120.66 crore).
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.