Coal India Profit Slides - Earnings Feel The Heat

Q3 Profit Drops Sharply
 

Coal India reported a 16% year-on-year fall in consolidated net profit to ₹7,166 crore in Q3FY26. Revenue from operations also declined about 5% YoY to ₹34,924 crore, reflecting softer operational performance

Weak Demand Impacts Performance

The decline was mainly due to lower coal offtake as power demand moderated, supported by prolonged monsoon conditions and higher renewable energy usage. Coal offtake fell 3% YoY, while production dipped slightly during the quarter

Rising Costs Add Pressure

Employee expenses rose significantly, while finance costs also increased during the quarter. Profit before tax dropped nearly 20% YoY, reflecting pressure on margins and operating costs

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Dividend Announcement Offers Support

Coal India announced a third interim dividend of ₹5.50 per share for FY26. The company also confirmed record and payout timelines for eligible shareholders

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