CCL posts Rs.1,500 crore profit in 2009-10
April 1st, 2010 - 5:10 pm ICT by IANSRanchi, April 1 (IANS) Central Coalfields Limited (CCL) Thursday announced profit of Rs.1,500 crore in the 2009-2010 financial year.
“The profit in 2009-2010 has almost doubled to Rs.1,500 crore from the previous year’s profit of Rs.763.80 crore,” R.K. Saha, CCL chairman-cum-managing director, said here.
He said the company produced 47 million tonnes of coal against a target of 46.1 million tonnes for the year.
“The coal production could have touched 48 million tonnes if the Maoists had not called a 35-day strike,” he added.
For the current 2010-11 financial year, CCL has set a production target of 50 million tonnes.
Saha said the net worth of the company had gone up to Rs.2,644 crore.
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Tags: 1 million, 50 million, april 1, ccl, coal production, managing director, maoists, net worth, previous year, production target, rs 2, tonnes