<p>Shares of Coal India Ltd (CIL) on Thursday dipped nearly 4 per cent in early trade on the bourses after the firm reported a 16.3 per cent decline in consolidated net profit for the September quarter.</p>.<p>CIL's stock was down 3.85 per cent to Rs 121.05 at the BSE.</p>.<p>On the NSE, it declined 3.85 per cent to Rs 121.</p>.<p>The earnings were announced post market hours on Wednesday.</p>.<p>CIL on Wednesday reported 16.3 per cent decline in consolidated net profit at Rs 2,948.12 crore for September quarter on the back of higher expenses.</p>.<p>The company posted a profit of Rs 3,522.70 crore in the July-September period of the previous fiscal, CIL said in a filing to BSE.</p>.<p>Income during the quarter marginally increased to Rs 22,237.82 crore, from Rs 22,012.94 crore in the year-ago period, the filing said.</p>.<p>Expenses during the quarter increased to Rs 18,177.82 crore, over Rs 17,734.44 crore, it said. </p>
<p>Shares of Coal India Ltd (CIL) on Thursday dipped nearly 4 per cent in early trade on the bourses after the firm reported a 16.3 per cent decline in consolidated net profit for the September quarter.</p>.<p>CIL's stock was down 3.85 per cent to Rs 121.05 at the BSE.</p>.<p>On the NSE, it declined 3.85 per cent to Rs 121.</p>.<p>The earnings were announced post market hours on Wednesday.</p>.<p>CIL on Wednesday reported 16.3 per cent decline in consolidated net profit at Rs 2,948.12 crore for September quarter on the back of higher expenses.</p>.<p>The company posted a profit of Rs 3,522.70 crore in the July-September period of the previous fiscal, CIL said in a filing to BSE.</p>.<p>Income during the quarter marginally increased to Rs 22,237.82 crore, from Rs 22,012.94 crore in the year-ago period, the filing said.</p>.<p>Expenses during the quarter increased to Rs 18,177.82 crore, over Rs 17,734.44 crore, it said. </p>