Bharat Coking Coal shares plunged over 8% on Wednesday. The company reported a net loss of Rs 68 crore for the April-June quarter. Revenue from operations rose 4% year-on-year to Rs 3,587 crore. Total expenses increased 5% while EBITDA dropped significantly. Production and offtake output missed targets, impacting profitability.
Bharat Coking Coal shares plunged over 8% on Wednesday. The company reported a net loss of Rs 68 crore for the April-June quarter. Revenue from operations rose 4% year-on-year to Rs 3,587 crore. Total expenses increased 5% while EBITDA dropped significantly. Production and offtake output missed targets, impacting profitability.
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