Coal India inks MoU with Konkan Railway Corp to develop rail infrastructure

In the crucial Q1 results, the company reported a 20.1% year-on-year decline in consolidated net profit for the June quarter at ₹8,734 crore. This was lower than the ₹10,934 crore a year ago. However, the numbers surpassed the CNBC-TV18 estimates, which had pegged profit at ₹8,005 crore.

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