BENGALURU (Reuters) – State-run Coal India reported a 70.1% surge in third-quarter profit on Tuesday, beating estimates, as production at the world’s largest coal miner increased due to higher power demand amid extreme weather conditions.
Consolidated net profit rose to 77.56 billion Indian rupees ($948.35 million) for the quarter ended Dec. 31 from 45.58 billion rupees a year earlier, the company said in an exchange…