Coal India August update: Production falls 6%, offtake rises 6%

Maharatna firm Coal India Q1 profit stays flat at ₹8,852 crore despite higher revenue


Coal India on Tuesday, September 1, reported a drop in coal production but growth in offtake for August 2026. Coal India’s production fell 5.7% year-on-year to 47.5 million tonnes (MT) in August, compared with 50.4 MT in the same month last year. The company disclosed its provisional production and offtake data to the exchanges on September 1.

Coal offtake, however, increased 5.5% YoY to 60.6 MT, compared with 57.4 MT a year earlier.

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Coal India production, offtake: April-August

For the April-August period, Coal India’s cumulative production stood at 267.5 MT, down 4.5% from 280.2 MT in the corresponding period last year.Cumulative offtake during the period rose 6.7% to 322.9 MT, compared with 302.6 MT a year earlier.

Coal India’s July performance had been stronger, with production rising 8.4% year-on-year to 50.4 MT from 46.4 MT. Offtake also rose sharply by 17.4% to 63.7 MT from 54.2 MT a year earlier.

For the April-July period, however, production remained 4.3% lower at 220 MT compared with 229.8 MT a year earlier, while cumulative offtake increased 6.8% to 261.9 MT from 245.2 MT.

Among subsidiaries, Eastern Coalfields recorded the strongest production growth in August at 39.5%, followed by Western Coalfields at 24.7% and Central Coalfields at 19.5%. Declines at Northern Coalfields, Mahanadi Coalfields and South Eastern Coalfields partly offset this.

On the offtake front, Eastern Coalfields reported a 45.3% YoY increase in August, while Western Coalfields rose 47.3%. Central Coalfields and Mahanadi Coalfields also recorded growth of 28.1% and 5%, respectively.

The company noted that the data is provisional and was generated from its ERP system on September 1, 2026.

 

Coal India Q1 results

Coal India reported a largely steady June quarter, with consolidated profit after tax rising 0.7% year-on-year to ₹8,852 crore. Revenue from operations increased 7.8% to ₹46,255 crore, while EBITDA declined 4.1% to ₹12,069 crore. EBITDA margin narrowed to 26.1% from 29.3% a year earlier.

Total expenses rose 11.9% year-on-year to ₹36,816 crore, compared with ₹32,903 crore in the year-ago quarter. On a sequential basis, profit declined 18.9% from ₹10,839 crore in the March quarter, while revenue was broadly flat at ₹46,255 crore.

The company had also declared an interim dividend of ₹5.50 per share for FY27, with July 31, 2026 fixed as the record date.

Among its subsidiaries, Central Mine Planning and Design Institute was a standout performer in Q1FY27, with revenue rising 18% year-on-year and EBITDA jumping 62%.

Bharat Coking Coal, however, reported a weaker quarter, with revenue down 4% and an EBITDA loss of ₹64.5 crore.

Shares of the company were trading almost flat at ₹402.40 on Tuesday. The stock has gained more than 6% over the last one year.



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