Coal India Q2 profit jumps 57% to Rs 6,547 crore on higher offtake

Coal India's net profit rose 57% year-on-year to Rs 6,547 crore in the September quarter, as offtake grew 12% to 186.34 million tonnes on higher power demand and average price realisation climbed 7%. Revenue rose 21% to Rs 44,179 crore despite a 20% rise in material costs. The miner declared a second interim dividend of Rs 10.25 a share.