An unexpected decline in sales coupled with "lump sum provisioning" against the anticipated wage hike in the forthcoming National Coal Wage Agreement-IX may impact Coal India Ltd's profits substantially in July-September 2011 quarter. ... Dip in sales, higher wage costs to hit Coal India profits
Tuesday, November 1, 2011
Dip in sales, higher wage costs to hit Coal India profits
An unexpected decline in sales coupled with "lump sum provisioning" against the anticipated wage hike in the forthcoming National Coal Wage Agreement-IX may impact Coal India Ltd's profits substantially in July-September 2011 quarter. ... Dip in sales, higher wage costs to hit Coal India profits
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