Q2 Results: Lower Tax Expense Helps Coal India Beat Estimates In A Damp Quarter
A labourer loads coal onto a truck at a depot in Jaintia Hills, Meghalaya, India (Photographer: Brent Lewin/Bloomberg)

Q2 Results: Lower Tax Expense Helps Coal India Beat Estimates In A Damp Quarter

Coal India Ltd.’s quarterly profit grew more than expected due to lower tax expenses even as prolonged rains disrupted production.Net profit rose 14.2 percent year-on-year to Rs 3,522.7 crore, the ...
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