MUMBAI Feb 13 Coal India Ltd, the
world's largest coal miner, posted a 9 percent increase in
quarterly profit, beating market expectations, helped by strong
sales volumes and lower-than-expected rise in costs.
The state-run miner said its October-December net profit
rose to 43.95 billion rupees ($815 million) from 40.40 billion a
year earlier. Net sales rose 13 percent to 173.25 billion
On average, analysts had forecast net profit of 40 billion
rupees, according to Thomson Reuters Starmine data.
($1 = 53.93 rupees)
(Reporting by Prashant Mehra; Editing by Daniel Magnowski and