Higher cash flows and moderate valuations to support Coal In

Higher cash flows and moderate valuations to support Coal India stock

Coal India (CIL) produced 89 million tonnes (MT) in March-24, up 6 per cent year on year (Y-o-Y) and offtake was 69 MT, up 7 per cent Y-o-Y. FY24 production was 774 MT, up 10 per cent Y-o-Y.

Offtake was 754 MT, up 9 per cent Y-o-Y.

CIL targets production of 838 MT in FY25, up 8 per cent Y-o-Y over FY24.

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