India’s power consumption rises 10% in Apr-Feb to 1375 billion units, surpasses full fiscal energy supplies year ago

India’s power consumption rises 10% in Apr-Feb to 1375 billion units, surpasses full fiscal energy supplies year ago

The government data showed that power consumption in April-February 2021-22 was 1245.54 BU. File (representational image) | Photo Credit: Reuters India’s power consumption surged 10% to 1375.57 billion units (BU) during April-February this fiscal year and has already surpassed the level of electricity supplied in entire 2021-22. The government data showed that power consumption in … Read more

Q2 preview: Coal India may report over 10% fall in net profit

Q2 preview: Coal India may report over 10% fall in net profit

Coal India is likely to post a double-digit fall in net profit on Wednesday due to flat sales growth for the quarter ended September 30. However, brokerages expect the company to report up to 50 per cent growth in bottomline figures on QoQ basis. An assessment by Kotak Institutional Equities showed that Coal India may … Read more