Coal India’s manufacturing grows 7.3% to 61.8 mt in April

State-run coal miner Coal India produced 61.8 million tonnes of coal within the month of April, a 7.3 per cent year-on-year rise in comparison with the identical interval final yr.

The coal behemoth had produced 57.6 million tonnes of coal in April final yr.

All its coal-producing subsidiaries reported larger outputs in April, 2024 in contrast with the identical interval final yr, in response to a inventory trade submitting by CIL on Wednesday.

Japanese Coalfield (ECL), Western Coalfields (WCL) and Central Coalfields (CCL) recorded 24.3 per cent, 16.8 per cent and 12 per cent y-o-y output growths, respectively.

Considerably, Coal India accounts for greater than 80 per cent of home coal manufacturing.

Coal offtake for the corporate registered a rise of three.2 per cent y-o-y to 64.3 million tonnes final month from 62.3 million tonnes in the identical interval final yr.

Notably, Coal India marginally fell wanting its annual manufacturing goal for the final fiscal because it produced 773.6 million tonnes of coal within the final monetary yr in opposition to the goal of 780 million tonnes.

The corporate, nonetheless, registered a ten per cent y-o-y output progress in FY24 over a excessive base of 703.2 million tonnes in FY23.