COAL INDIA LIMITED - FIRST QUARTER RESULTS - Q1 FY 2013

COAL INDIA LIMITED

FIRST QUARTER RESULTS

Q1 FY 2013

COAL INDIA LIMITED has released its stand Alone and  consolidated its Results for the first quarter ending  June 2012.

As can be seen from the stand Alone and Consolidated Results Tables, the results are just on par with the YoY Results, with the Profit after tax almost at same levels on both quarters.

As per Stand Alone Results, the Reported PAT  stands at Rs.4,576.57 cr, up by 274.05% from Q4 FY 12 (Rs.1,223.52Cr); and up by a mere        0.77% from Q1 FY 12 (Rs.4,541.59 Cr.).Total Income on Stand Alone basis is up 1.14%.

On consolidated Basis, Consolidated Net Profit           stands at Rs.4469.26 cr for Q1 FY 13 ; up by 11.36% fromQ3 FY 12 (Rs.4013.41 cr); and up by 7.85% from Q1 FY 12 (Rs.4143.92  cr). Net sales on QoQ basis is down 15% and up 13.8% on YoY basis.

Coal India Limited is usually facing supply, Quality and pricing problems. Government and Coal India Managements are striving to resolve these problems, as Coal is the important raw material for crucial Industries like Power and steel.

We need to watch these developments in the coming days/months. Public share holding in the company is just at 10%.

STAND ALONE RESULTS

CIL-SA	Jun'12	QoQ % dif	Mar'12	YoY %v Dif	Jun'11
Net Sales Turnover	90.95	-41.18	154.62	-26.1	123.07
Other Income	4,819.37	213.19	1,538.81	1.85	4,731.87
Total Income	4,910.32	189.96	1,693.43	1.14	4,854.94
Stock Adjustments	2.44	-214.02	-2.14	876	0.25
Raw Material	2.55	-3.41	2.64	19.72	2.13
Power and Fuel	1.67	7.74	1.55	29.46	1.29
Employee Expenses	74.39	-29.38	105.34	10.6	67.26
Other Expenses	40.66	-50.73	82.53	1.55	40.04
Provisions Made	26.37	-135.64	-74	51.9	17.36
TOTAL EXPENSES	148.08	27.74	115.92	15.39	128.33
Operating Profit	-57.13	-247.62	38.7	986.12	-5.26
EBITDA	4,762.24	201.88	1,577.51	0.75	4,726.61
Depreciation	1.54	-30.32	2.21	0.65	1.53
EBIT	4,760.70	202.21	1,575.30	0.75	4,725.08
Interest	94.13	-0.84	94.93	-11.61	106.49
EBT	4,666.57	215.23	1,480.37	1.04	4,618.59
Taxes	90	-64.96	256.85	16.88	77
Reported PAT	4,576.57	274.05	1,223.52	0.77	4,541.59
Equity capital	6,316.36	0	6,316.36	0	6,316.36
EPS (Rs.)	7.25		2.01		7.19

Consolidated results

COAL INDIA	Q1FY13(Rs.lakhs)	QoQ % DIF	Q4FY12(Rs.lakhs)	YoY %DIF	Q4FY11(Rs.lakhs)
Net Sales	1650059	-15.03	1941899	13.8	1449908
Increase/Decrease in SIT&WIP	43825	-134.87	-125664	18.77	36899
Raw Materials	174716	-22.72	226073	9.53	159514
Employees Cost	613005	-32.4	906878	25.82	487207
Depreciation	53560	30.53	41033	24.33	43078
Other Expenditure	337052	-39.39	556057	18.55	284323
Total Expenditure	1222158	-23.82	1604377	20.88	1011021
Profit from Operations	427901	26.78	337522	-2.5	438887
Other Income	207137	-11.02	232795	32.87	155889
Interest	1262	-31.71	1848	130.71	547
Exceptional items	1031	-122.51	-4580	-178.28	-1317
Profit before tax	632745	10.42	573049	6.25	595546
Tax Expense	185819	7.9	172210	2.58	181154
Net Profit	446926	11.36	401341	7.85	414392
Consolidated Net Profit	446926	11.36	401341	7.85	414392
Face Value (in Rs.)	10	0	10	0	10
Paid-up Equity	631636	0	631636	0	631636
Diluted EPS (in Rs.)	7.07	10.12	6.42	7.77	6.56
Public Shareholding (%)	10	0	10	0	10

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