BCCL reported a 15% decline in its revenue in the fourth quarter to ₹3,282.95 crore from ₹3,865.79 crore in the previous year.
Operating performance during the quarter was weak, with the company reporting an Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) loss of ₹335 crore, compared to a profit of ₹62 crore during the same quarter last year.
The company’s stripping activity adjustment debit stood at ₹80.4 crore compared to a credit of ₹393 crore in the previous year, which was accounted for as a non-cash expense.
Stripping activity adjustment refers to an accounting mechanism that is used to manage costs of removing overburdens such as soil and rocks to access coals in open-cast mines.
Pre-stripping charges, EBITDA loss stood at ₹255 crore, narrower than the ₹331 crore loss in the previous year.
Net profit for the period also saw a slump of close to 60% to ₹27.2 crore from ₹66.5 crore earlier. The fall in profit is despite a 95% jump in other income to ₹556.5 crore from ₹285.9 crore last year.
Its offtake for the fourth quarter stood at 7.22 MT compared to 9.88 MT in the previous year. For the entire fiscal, it was at 33.05 MT compared to 38.3 MT in the FY25.
Bharat Coking Coal has also revised prices of its washed coking coal. The board has also approved the mechanism of import parity pricing. In-line with its MoU with SAIL, the company’s board approved the price of washed coking coal, effective from April 1, 2206 for the first quarter of this fiscal.
The basic price has now been fixed as ₹13,043 per MT for washed prime coking coal (PCC) and ₹10,937 per MT for washed medium coking coal (MCC).
The company’s board also approved the revision of evacuation charges for washery products, with effect from April 1, 2026.
BCCL shares listed nearly doubled from their issue price when they listed on the stock exchanges on January 19, 2026. While the stock is up 55.9% from its issue price of ₹23 apiece, it is down 20% from its listing price of ₹45 per share.
Shares of Bharat Coking Coal Ltd. ended the previous session 0.8% lower at ₹35.85 apiece. The stock has gained 12.4% in the past month.
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