Revenue for the quarter increased 5.8% to ₹46,490 crore, compared with ₹43,961 crore a year ago, reflecting stable demand conditions.
Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 6.2% to ₹12,673.2 crore from ₹11,932 crore in the corresponding period last year. However, margins remained flat at 27% on a year-on-year basis, indicating some pressure on operating profitability.
The company’s board has recommended a final dividend of ₹5.25 per equity share for FY26, subject to shareholder approval at the upcoming annual general meeting. Coal India also said dividend payments will be made through RBI-approved electronic modes.
Operationally, recent updates indicate stable demand trends. Coal production for March declined 1.5% year-on-year to 84.5 million tonnes, while offtake rose marginally by 0.7% to 69.5 million tonnes.
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The company continues to focus on expansion and diversification. It recently secured a project to set up a 750 MWh battery energy storage system in Telangana and has outlined plans to invest around ₹3,300 crore in eight coking coal washeries to improve coal quality and reduce import dependence.
Shares of Coal India closed at ₹454.50 on the NSE, down 0.33% on Monday ahead of the earnings announcement.
