CIL Boosts Exchequer with Rs.60.14 Billion

17 Apr 2024 CW Team

Coal India Limited (CIL) has bolstered the national exchequer with a significant financial contribution, amounting to ?60.14 billion in the fiscal year 2023-24. This figure represents a noteworthy 6.4% increase compared to the previous fiscal year, showcasing the company's continued growth and commitment to economic progress. As one of the largest coal producers globally, CIL plays a crucial role in India's energy sector and overall economic landscape. Its sustained financial contribution underscores the company's dedication to supporting national development initiatives and fulfilling its corporate responsibilities. The increase in revenue signifies both operational efficiency and market demand, reflecting positively on CIL's strategic management and adaptability in dynamic business environments. Furthermore, this financial injection into the exchequer bodes well for government initiatives and public welfare programs, potentially fuelling further socio-economic development across the nation. CIL's consistent performance highlights its position as a key player in India's industrial landscape, contributing not only to energy security but also to the country's revenue generation and economic stability. This milestone achievement reinforces CIL's status as a reliable partner in nation-building efforts, aligning its corporate objectives with broader developmental goals. With its continued focus on sustainable practices and technological innovation, CIL is poised to further enhance its operational efficiency and financial performance, thus continuing to make significant contributions to both the economy and society at large.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..