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Coal India Q3 profit down 16.2% to Rs.3,262.49 crore

Coal India Q3 profit down 16.2% to Rs.3,262.49 crore

Coal India Ltd´s net profit in the quarter ended 31 December declined 16.2 per cent to Rs 3,262.49 crore compared with the year-ago period as the national miner sold less coal through electronic auctions in order to meet domestic power sector demand as directed by the Coal Ministry.