NLC India posts 22% rise in lignite production to 61.7 lakh tonnes in Q1
State-owned firm NLC India Ltd reported a 22.12 per cent increase in lignite production to 61.72 lakh tonnes in the first quarter of the current fiscal, up from 50.54 LT last year. Coal production also rose by 35.27 per cent to 28.46 LT. Gross pow...
The company's coal production rose 35.27 per cent to 28.46 LT during the first quarter of 2024-25 compared to the year-ago period, NLCIL -- a navratna company under the coal ministry -- said in a statement.
The company's gross power generation increased to 7,553.62 MU in the June quarter over 6,843.09 MU in the year-ago period.
"This includes renewable power generation of 546.63 MU as against 539.28 MU of Q1 of FY24," it said.
The company's market capitalisation rose 5.28 per cent -- from Rs 228.10 per share to Rs 240.15.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.