India Coal Giant’s Profit Drops Amid Weaker Electricity Demand
State mining giant Coal India Ltd. reported a 31% decline from a year earlier in second-quarter profit, following this year’s weak demand for electricity that weighed on prices and shipments...
By Rajesh Kumar Singh · Bloomberg Markets
State mining giant Coal India Ltd. reported a 31% decline from a year earlier in second-quarter profit, following this year’s weak demand for electricity that weighed on prices and shipments of the fuel.