Coal India — Q3 FY24
Coal India reported a strong Q3 FY24 with highest-ever nine-month revenue of INR 104,914 crore (+5% YoY) and PAT of INR 23,849 crore.
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
FY24 production target of 780 million tons
Management confirmed the annual production target of 780 million tons for FY24, with H1 production up 12% YoY.
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1E-auction volume at 15% of production in H2
Management expects e-auction volumes to be 15% of production in H2 FY24.
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1