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Asia

Bharat Coking Coal shares crash 8% after Coal India arm posts Rs 68 crore Q1 net loss

Markets-Economic Times · 2h ago · 🇮🇳 India

Bharat Coking Coal shares crash 8% after Coal India arm posts Rs 68 crore Q1 net loss

Bharat Coking Coal shares plunged over 8% on Wednesday. The company reported a net loss of Rs 68 crore for the April-June quarter. Revenue from operations rose 4% year-on-year to Rs 3,587 crore. Total expenses increased 5% while EBITDA dropped significantly. Production and offtake output missed targets, impacting profitability.

Read the full story at Markets-Economic Times →

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