partners with IRCON on rail development Coal India Ltd signed a non-binding Memorandum of Understanding (MoU) with IRCON International Ltd to jointly develop rail infrastructure. The company reported a 20.1% year-on-year decline in consolidated net profit to ₹8,734 crore for the June quarter, beating estimates. Revenue from operations stood at ₹35,842 crore, and EBITDA was ₹12,521 crore. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.