Coal India Q2FY26 Results: Profit Falls 32% to ₹4,262 Crore; Board Declares Interim Dividend

Coal India Limited (CIL) on Thursday reported a 32% year-on-year decline in consolidated net profit to ₹4,262 crore for the second quarter of FY26, compared to ₹6,286 crore in the same period last year. The decline in profit was primarily attributed to higher operational costs and lower average realization per tonne amid subdued coal demand from the power sector during the quarter.

Revenue from operations stood at ₹33,925 crore, down 8% year-on-year from ₹36,880 crore in Q2FY25. The company’s EBITDA margin also dropped to 18.5%, compared to 24.2% in the previous year’s quarter.

Despite the profit decline, the board of Coal India announced an interim dividend of ₹5.50 per share, demonstrating confidence in the company’s long-term financial health. The record date for the dividend payout has been fixed for November 15, 2025.

Coal production during the quarter rose 5% year-on-year to 188 million tonnes, while offtake grew marginally to 184 million tonnes. However, rising expenses, including employee benefits and overburden removal costs, impacted profitability.

In a statement, Coal India said it remains focused on enhancing production efficiency and expanding mechanized mining operations to meet India’s growing energy needs. The company also plans to diversify into coal gasification and renewable energy, in line with the government’s clean energy transition goals.

Shares of Coal India closed 1.2% lower at ₹420 apiece on the BSE following the announcement.