Mumbai: Bharat Coking Coal Limited (BCCL), a subsidiary of Coal India Limited, has reported a strong turnaround in its financial performance for the second quarter of FY 2026–27. The company posted a net profit of ₹123.74 crore in Q2 FY27, compared with a net loss of ₹52.99 crore in the corresponding quarter of the previous financial year.
BCCL’s revenue from operations surged 39.1% year-on-year to ₹4,412.58 crore in the quarter ended September 30, 2026, against ₹3,173.25 crore in Q2 FY26.
The results mark a significant recovery for the coal producer, which had reported a net loss of ₹68.09 crore in the first quarter of the current financial year. Improved revenue, higher coal production and stronger offtake contributed to the better operational performance during the September quarter.
BCCL Q2 FY27 Results: Total Income Rises to ₹4,571 Crore
BCCL’s total income increased to ₹4,571.15 crore in Q2 FY27, compared with ₹3,643.54 crore in the corresponding quarter of the previous financial year, registering growth of approximately 25.5%.
The company also reported basic earnings per share (EPS) of ₹0.27, compared with a loss per share of ₹0.11 in Q2 FY26.
The return to profitability follows a challenging first quarter, when lower production and offtake, along with higher operating costs, weighed on the company’s financial performance.
Read also: BCCL Raises Coking Coal Prices by Up to 14% for Non-Regulated Sector, New Rates Effective October 14
BCCL Coal Production Increases 7.6% in Q2 FY27
BCCL recorded raw coal production of 7.22 million tonnes during the September quarter, marking a 7.6% increase from 6.71 million tonnes in the corresponding period of the previous financial year.
The increase in production reflects an improvement in the company’s operational performance during the quarter.
Higher coal production can support supply commitments and contribute to revenue growth, provided demand and dispatch levels remain strong.
Raw Coal Offtake Rises 9.6%
BCCL’s raw coal offtake also improved during Q2 FY27. The company recorded offtake of 8.89 million tonnes, up 9.6% from 8.11 million tonnes in Q2 FY26.
The growth in coal offtake, alongside higher production, indicates stronger operational activity during the quarter.
Improved production and dispatches were among the key developments accompanying the company’s return to profitability in the September quarter.
BCCL Q2 FY27: Key Financial and Operational Highlights
The company’s key financial and operational figures for Q2 FY27 are as follows:
- Net profit: ₹123.74 crore, compared with a net loss of ₹52.99 crore in Q2 FY26.
- Revenue from operations: ₹4,412.58 crore, up 39.1% year-on-year from ₹3,173.25 crore.
- Total income: ₹4,571.15 crore, compared with ₹3,643.54 crore in the year-ago quarter.
- Basic earnings per share: ₹0.27, compared with a loss per share of ₹0.11 in Q2 FY26.
- Raw coal production: 7.22 million tonnes, up 7.6% from 6.71 million tonnes.
- Raw coal offtake: 8.89 million tonnes, up 9.6% from 8.11 million tonnes.
- Q1 FY27 net loss: ₹68.09 crore.
BCCL Returns to Profit After Weak Q1 Performance
BCCL’s return to profitability in Q2 FY27 marks a notable improvement following its weak performance in the first quarter, when the company reported a net loss of ₹68.09 crore.
The latest results show improvement across key indicators, including revenue, coal production and offtake. Revenue from operations rose by 39.1% year-on-year, while raw coal production and offtake increased by 7.6% and 9.6%, respectively.
However, sustaining the recovery will depend on the company’s ability to maintain production growth, improve dispatches and manage operating costs during the remaining quarters of FY27.
BCCL’s half-yearly financial performance and cumulative production figures will also be important in assessing the strength and sustainability of its recovery.
About Bharat Coking Coal Limited (BCCL)
Bharat Coking Coal Limited (BCCL) is a subsidiary of Coal India Limited and a major producer of coking coal in India. The company operates primarily in the coalfields of Jharkhand and West Bengal and supplies coal to industries, including the steel sector. Its operations play an important role in supporting India’s coking coal supply and industrial requirements.
