APMDC Suliyari coal upcoming auction 1,00,000 MT for PAN India MSMEs on 21st April 2025 @2520 per MT

APMDC Suliyari coal upcoming auction 1,25,000 MT for MP MSME on 04th April 2025 , 05th May 2025 , 06th June 2025 @2516 per MT /at Latest CIL/NCL Notified Price

Notice regarding Bidder Demo dated 03.04.2025

Login Register Contact Us
Welcome to Linkage e-Auctions Welcome to Coal Trading Portal Welcome to APMDC Suliyari Coal

Coal news and updates

Coal India Q3 profit seen down 6.5% at Rs 3640 cr: Poll

12 Feb 2015

Coal India's third quarter profit after tax is expected to fall 6.5 percent year-on-year to Rs 3,640 crore, according to the average of estimates of analysts polled by CNBC-TV18.

Coal India 's third quarter profit after tax is expected to fall 6.5 percent year-on-year to Rs 3,640 crore, according to the average of estimates of analysts polled by CNBC-TV18.

Net sales is seen rising 4.3 percent to Rs 17,650 crore during October-December quarter from Rs 16,928 crore in the year-ago period. Operating profit may slip 4.9 percent on yearly basis to Rs 3,902 crore and margin may decline 210 basis points to 22.1 percent in the quarter gone by.

Factors:
-Coal India provisional offtake for Q3 stood at 128 million tonnes versus 117 million tonnes, up 9 percent Y-o-Y. -Blended realization is expected to be lower by 4 percent due to significant diversion of eAuction coal
-CIL has diverted e-auction volume to meet power sector coal needs as directed by Coal ministry
-EBITDA miss may be possible due to decline in e-auction volume
-E-auction volumes may drop to 8-10 million tonnes in Q3FY15 from 15.1 million tonnes in Q3FY14, though e-auction realizations may increase to Rs 2,500 per tonne against Rs 2,232 per tonne in Q3FY14

Key issues to watch out for
-Volume mix, realization trend and guidance for FY15
-Modalities of coal import
-News flows on price hike

Source: Moneycontrol