Bharat Coking Coal Limited paid its first-ever dividend of Rs 44.43 crore to Coal India Ltd in 2023-24.
Bharat Coking Coal Limited (BCCL), a Coal India Ltd (CIL) subsidiary, paid its first-ever dividend of Rs 44.43 crore to its parent company. This achievement followed BCCL's financial success, including a net profit of Rs 1,564 crore and a turnover of Rs 13,216 crore during the financial year 2023-24. BCCL Chairman-cum-Managing Director Samiran Dutta attributes the company's strong performance to a consistent growth rate of 15% over recent years.
August 04, 2024
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