Coal India profit increases 42.06% in (Q2) FY 2020-21

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Team Infinities:

Coal India Limited NSE Symbol:COALINDIA, BSE Security Code:533278 has declared its 2nd(second) quarter unaudited consolidated financial report from the month of July, 2020 to the month of September, 2020; for the fiscal year 2020-21.

Revenue Reported by Coal India Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
222.38 192.72 220.13 415.10 481.02
Calculated Revenue of Coal India Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
29.66 15.39%(Revenue Increase) 2.25 1.02%(Revenue Increase) 65.92 13.70%(Revenue Decrease)

Revenue: Coal India Limited's financial report shows that the company's revenue increased by 15.39% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for revenue increase of Rs.29.66 billions, as the company posted revenue of Rs.222.38 billions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported revenue of Rs.192.72 billions.
The result also shows that the company's revenue increased by 1.02% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for revenue increase of Rs.2.25 billions; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted revenue of Rs.220.13 billions.
The company also reported that its revenue decreased by 13.70% in 6 months end(April, 2020 - September, 2020) for revenue decrease of Rs.65.92 billions, since the company reported revenue of Rs.415.10 billions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted revenue of Rs.481.02 billions.

Gross Margin(%) Reported by Coal India Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
97.18 87.52 98.67 96.90 97.06
Calculated Gross Margin(%) of Coal India Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
9.65 11.03%(GM Increase) 1.50 1.52%(GM Decrease) 0.15 0.16%(GM Decrease)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM increased by 11.03% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for 9.65% GM increase, as the company reported 97.18% GM; in compare to previous quarter(April, 2020 - June, 2020) when the company reported 87.52% GM.
The result also indicates, the company's GM decreased by 1.52% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for 1.50% GM decrease; in compare to corresponding quarter(July, 2019 - September, 2019) when the company reported 98.67% GM.
The company also reported that its GM decreased by 0.16% in 6 months end(April, 2020 - September, 2020) for 0.15% GM decrease, since the company reported 96.90% GM; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company reported 97.06% GM.

EBITDA Reported by Coal India Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
50.60 38.37 52.40 88.96 130.02
Calculated EBITDA of Coal India Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
12.23 31.87%(EBITDA Increase) 1.80 3.44%(EBITDA Decrease) 41.06 31.58%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA increased by 31.87% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EBITDA increase of Rs.12.23 billions, as the company posted EBITDA of Rs.50.60 billions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported EBITDA of Rs.38.37 billions.
The result also shows that the company's EBITDA decreased by 3.44% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EBITDA decrease of Rs.1.80 billions; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EBITDA of Rs.52.40 billions.
The company also reported that its EBITDA decreased by 31.58% in 6 months end(April, 2020 - September, 2020) for EBITDA decrease of Rs.41.06 billions, since the company reported EBITDA of Rs.88.96 billions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EBITDA of Rs.130.02 billions.

Profit and Loss Reported by Coal India Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
29.52(Profit ) 20.78(Profit ) 35.23(Profit ) 50.29(Profit ) 81.53(Profit )
Calculated Profit and Loss of Coal India Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
8.74 42.06%(Profit Increase) 5.71 16.21%(Profit Decrease) 31.24 38.32%(Profit Decrease)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit increased by 42.06% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for profit increase of Rs.8.74 billions, as the company posted profit of Rs.29.52 billions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported profit of Rs.20.78 billions.
The result also shows that the company's profit decreased by 16.21% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for profit decrease of Rs.5.71 billions; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted profit of Rs.35.23 billions.
The company also reported that its profit decreased by 38.32% in 6 months end(April, 2020 - September, 2020) for profit decrease of Rs.31.24 billions, since the company reported profit of Rs.50.29 billions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted profit of Rs.81.53 billions.

EPS Reported by Coal India Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
4.78 3.37 5.72 8.16 13.23
Calculated EPS of Coal India Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
1.41 41.84%(EPS Increase) 0.94 16.43%(EPS Decrease) 5.07 38.32%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 41.84% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EPS increase of Rs.1.41, as the company posted EPS of Rs.4.78; in compare to previous quarter(April, 2020 - June, 2020) when the company reported EPS of Rs.3.37.
The result also shows that the company's EPS decreased by 16.43% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EPS decrease of Rs.0.94; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EPS of Rs.5.72.
The company also reported that its EPS decreased by 38.32% in 6 months end(April, 2020 - September, 2020) for EPS decrease of Rs.5.07, since the company reported EPS of Rs.8.16; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EPS of Rs.13.23.

Assets Reported by Coal India Limited for Second Quarter FY, 2020-21
Details Non-current Assets Current Assets
Current Year Ended(September, 2020) Previous Year End(March, 2020) Current Year Ended(September, 2020) Previous Year End(March, 2020)
Reported 708.81 665.09 815.29 835.12
  Change Change % Change Change %
Calculated 43.72 6.57%(Assets Increase) 19.83 2.37%(Assets Decrease)

Assets:The company reported its non-current assets increased by 6.57% in current quarter(September, 2020) for non-current assets increase of Rs.43.72 billions, since the company reported net non-current assets of Rs.708.81 billions; in compare to previous year end(March, 2020) when the company reported net non-current assets of Rs.665.09 billions.
The balance sheet of the company also shows that, its current assets decreased by 2.37% in current quarter(September, 2020) for current assets decrease of Rs.19.83 billions, as the company reported net current assets of Rs.815.29 billions; against previous year end(March, 2020) when the company reported net current assets of Rs.835.12 billions.

Liabilities Reported by Coal India Limited for Second Quarter FY, 2020-21
Details Non-current Liabilities Current Liabilities
Current Year Ended(September, 2020) Previous Year End(March, 2020) Current Year Ended(September, 2020) Previous Year End(March, 2020)
Reported 687.99 690.07 461.32 484.64
  Change Change % Change Change %
Calculated 2.08 0.30%(Liabilities Decrease) 23.32 4.81%(Liabilities Decrease)

Liabilities:The company reported its non-current liabilities decreased by 0.30% in current quarter(September, 2020) for non-current liabilities decrease of Rs.2.08 billions, since the company reported net non-current liabilities of Rs.687.99 billions; in compare to previous year end(March, 2020) when the company reported net non-current liabilities of Rs.690.07 billions.
The balance sheet of the company also shows that, its current liabilities decreased by 4.81% in current quarter(September, 2020) for current liabilities decrease of Rs.23.32 billions, as the company reported net current liabilities of Rs.461.32 billions; against previous year end(March, 2020) when the company reported net current liabilities of Rs.484.64 billions.

 


***All amounts are given in Billion Indian Rupees(INR) except EPS (Earnings per share) which are in Indian Rupees(INR) only.***
Gross Margin=Total Revenue from Operations -(Cost of Materials Consumed + Purchases of stock-in-trade - Changes in inventories of finished goods, work-in-progress and stock-in-trade).
Gross Margin%=(Gross Margin / Total Revenue from Operations)*100.
EBITDA=Commission/Interest + Depreciation and Amortization + Tax + Profit/Loss (PAT).
1 Lac = 100,000.
1 Million = 10 Lacs.
1 Crore = 10 Millions.
1 Crore = 100 Lacs.
1 Billion = 1000 Millions.
1 Billion = 100 Crores.

 

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