2024-11-05

Lucknow Wealth Management:Coal India Q1 FY25 Results Preview: State-run dry fuel giant likely to log 13% fall in EBITDA; margin may shrink by 300 bps

By Admin88

Coal India Q1 FY25 Results Preview: State-run dry fuel giant likely to log 13% fall in EBITDA; margin may shrink by 300 bps

Coal India Q1 Results Preview: State-run Coal India Ltd (CIL) is set to report its financial results for the April-June period on Wednesday. July 31. Analysts expect the state-run mining giant to stage a weak overall financial performance, especially on the margin front.

According to Zee Business research, Coal India is estimated to register a consolidated net profit of Rs 7,234 crore for the first quarter of the current financial year, which translates to a year-on-year fall of 9.2 per centLucknow Wealth Management. The analysts expect the coal producing PSU to log revenue of Rs 35,693 crore for the quarter ended June 30, 2024, as against Rs 35,983 crore for the corresponding period a year ago.

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Coal India is estimated to register Rs 9,153 crore in its June-quarter earnings before interest, taxes, depreciation and amortisation (EBITDA), down 12.9 per cent against the year-ago period, according to the research.

Zee Business analysts peg Coal India’s quarterly margin at 26 per cent for the fiscal first quarter of FY25, as against 29 per cent for the year-ago period. They expect the PSU to log a five per cent increase in its coal despatches for the three-month period.New Delhi Wealth Management

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As of July 30, CIL shares have rewarded investors with a return of 36.8 per cent so far in 2024, sharply outperforming a gain of 14.8 per cent in the headline Nifty50 index.

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