Neyveli Lignite Corporation has reported results for third quarter ended December 31, 2013.
The company has reported over two fold jump in its in its net profit at Rs 489.02 crore for the quarter as compared to Rs 221.65 crore for the same quarter in the previous year. Total income from operations of the company increased by 24.47% at Rs 1868.36 crore for quarter under review as compared to Rs 1371.14 crore for the quarter ended December 31, 2012.
NLC is engaged in the business of lignite mining and power generation. At present, the company has four opencast lignite mines with a capacity of about 30.60 million tonnes per annum, while it can produce about 2,740 MW of power from four power plants.
The company has reported over two fold jump in its in its net profit at Rs 489.02 crore for the quarter as compared to Rs 221.65 crore for the same quarter in the previous year. Total income from operations of the company increased by 24.47% at Rs 1868.36 crore for quarter under review as compared to Rs 1371.14 crore for the quarter ended December 31, 2012.
NLC is engaged in the business of lignite mining and power generation. At present, the company has four opencast lignite mines with a capacity of about 30.60 million tonnes per annum, while it can produce about 2,740 MW of power from four power plants.
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