homevideos Newsearnings NewsCoal India Q2 results preview: Stellar earnings seen on lower base

Coal India Q2 results preview: Stellar earnings seen on lower base

State-owned Coal India will report its second-quarter earnings on Monday and the numbers are likely to look spectacular on year due to lower base in the corresponding quarter in the previous year.

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By Nigel D'Souza  Nov 12, 2018 8:50:43 AM IST (Published)

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State-owned Coal India will report its second-quarter earnings on Monday and the numbers are likely to look spectacular on year due to lower base in the corresponding quarter in the previous year.

  • According to a CNBC-TV18 poll, we are expecting a growth of around 21 percent approximately on the topline.
  • There will be two components on sales volume. One will be sales volume and another would be blended realizations. So some part of that will come in because higher sales volumes are up around 4.5 percent.
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