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NCL Q4 Performance: Attained 49% growth in PBT of 2255.69 Cr

A substantial reduction of 62% in trade receivables was seen at the end of FY 21-22 than FY 20-21.

NCL Q4 Performance: Attained 49% growth in PBT of 2255.69 Cr
India’s Miniratna company Northern Coalfields Limited

New Delhi: India’s Miniratna company and Coal India's arm, Northern Coalfields Limited reported a High performance in the fourth quarter of Financial Year 21-22. The Company attained 49 percent growth in PBT (Rs 2255.69 Crore) over Q4 of FY 20-21. 

A substantial reduction of 62% in trade receivables was seen at the end of FY 21-22 than FY 20-21. Coal Production & Dispatch also grew by 17% & 15.5% respectively in Q4 of FY 2021-22. However, the company dispatched 11.14MT of coal in April with 18 % y-o-y growth.

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