HORRIBLE Q1:COAL INDIA TP 300-305 SEP EXPIRY

Net Sales 17796 Cr vs 18956 Cr, *down 6.11%*

Ebidta 4254Cr vs 4801Cr, *down 11.40%*

PAT 3065Cr vs 3596Cr, *down 14.85%*

*NP after Comprehensive Income takes bigger hit* DOWN 17.55%(3130 vs 3796)

AUGUST DESPATCH DOWN 9.6%

CIL BREAKING FD TO FUND BUYBACK 3650 CR

INVENTORY PILE UP DUE TO SLACK DEMAND

*Outlook for Q2,Q3 Weak*

CIL can be 282-288 Oct Expiry