Hyderabad, Nov. 16 -- The Singareni Collieries Company Ltd (SCCL) has reported a significant increase in its financial performance for the first seven months of the current fiscal year, with gross profits rising by 36% compared to the same period in 2023-24.
This improvement is attributed to 'better financial discipline', largely driven by the proactive oversight of chairman and managing director N Balaram, who conducts daily reviews with area general managers and key executives, the company said.
During the April to October period, SCCL generated a total revenue of Rs.17,151 crore from coal sales and an additional Rs 2,286 crore from energy sales.
The gross profit from these operations reached approximately Rs 4,000 crore, marking an ...
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