NLC India sees lignite production rise 22% to 6.17 mnt in Q1 FY 24-25

NLC India Ltd reported a 22.12% increase in lignite production, reaching 6.172 million tonnes (mnt) in the first quarter of the current fiscal year, compared to 5.054 mnt in the same period last year.

Coal production also saw a significant rise of 35.27%, totalling 2.846 mnt. The state-owned firm's gross power generation increased to 7,553.62 MU, including 546.63 MU of renewable power.

Additionally, the company's market capitalisation grew by 5.28%, rising from Rs 228.10 per share to Rs 240.15 per share.

(Source: ET)

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