Coal India July-September Net Profit Falls 32% on Lower EBITDA, Flat Sales

Coal India Ltd. reported a 32% year-on-year drop in consolidated net profit to ₹4.26 billion for the September quarter, weighed down by weaker margins and flat sales. The company had posted a profit of ₹6.27 billion in the same quarter last year.
EBITDA fell 15% on year to ₹7.85 billion from ₹9.12 billion, while the EBITDA margin on net sales contracted by 400 basis points to 29% from 33% a year ago.

Revenue from operations declined 3.2% to ₹30.19 billion from ₹31.18 billion, and sales slipped 1.3% to ₹26.91 billion. Profit before tax was down 25% on year at ₹6.11 billion. Total expenses rose 7.1% on year to ₹26.42 billion, mainly due to higher operational costs.

Coal offtake fell 1% on year to 166.03 million tonnes. Under its fuel supply agreement, sales volume dropped slightly to 147.46 million tonnes, though realisation improved to ₹1,478 per tonne from ₹1,466 a year ago. E-auction sales were steady at around 15 million tonnes, but realisation declined to ₹2,292 per tonne from ₹2,454 per tonne a year earlier.

The board declared a second interim dividend of ₹10.25 per share for 2025-2026.