Singareni posts 189 percent growth in profits in eight months

K M Dayashankar

 

 

PEDDAPALLI: The Singareni Collieries Company Limited has posed a growth rate of 189 percent in profits and 63 percent growth in coal sales during the last eight months period of this financial year.

The Singareni had made sales of Rs 16,512 crore and earned profits of Rs 924 crore during the eight months period. During the last financial year in the first eight months, the company had sold only Rs 10,127 crore worth coal.

In a press note here today, Singareni chairman and managing director N Sridhar congratulated the coal miners of the Singareni for making steady progress in the coal production, sales and making profits beating the Coal India and other coal companies in the country. Overcoming the pandemic situation when compared to the last financial year, the Singareni had made record sales of Rs 16,512 crore during the first eight months of this year, he stated.

The Singareni which had seen the losses to the tune of Rs 1,038 crore following the pandemic virus had made record profits of Rs 924 crore during the last eight months period, which was another record in making profits, he stated.

5 thoughts on “Singareni posts 189 percent growth in profits in eight months

  • December 6, 2022 at 7:09 pm
    Permalink

    I keep listening to the news lecture about receiving boundless online grant applications so I have been looking around for the finest site to get one. Could you advise me please, where could i acquire some?

    Reply
  • December 14, 2022 at 8:10 am
    Permalink

    I do not even understand how I stopped up here, but I thought this put up used to be good. I do not understand who you are however certainly you are going to a well-known blogger if you aren’t already 😉 Cheers!

    Reply
  • December 17, 2022 at 2:07 am
    Permalink

    I have not checked in here for a while since I thought it was getting boring, but the last few posts are great quality so I guess I will add you back to my daily bloglist. You deserve it my friend 🙂

    Reply
  • December 18, 2022 at 3:15 pm
    Permalink

    An attention-grabbing discussion is worth comment. I believe that it’s best to write extra on this matter, it might not be a taboo subject but typically people are not enough to talk on such topics. To the next. Cheers

    Reply
  • January 15, 2023 at 11:49 pm
    Permalink

    Can I simply say what a relief to search out somebody who actually is aware of what theyre talking about on the internet. You definitely know learn how to convey a problem to light and make it important. Extra individuals need to learn this and understand this facet of the story. I cant imagine youre not more in style because you positively have the gift.

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *