Coal India Q4 Preview: Net profit seen falling QoQ; strong operational show expected

State-owned Coal India is expected to put up a strong operational show for the quarter ended March 2024, led by lower employee costs. The previous year quarter included arrears of earlier years. The company will announce its quarterly results on May 2.

Net profit for the fourth quarter is seen rising around 37% year-on-year, while net sales are likely to be flat or even decline up to 5% year-on-year.