New Delhi: Coal India Limited (CIL), the world’s largest coal mining company and a Maharatna public sector undertaking, has announced its unaudited consolidated financial results for the quarter ended June 30, 2026.
The company’s Board of Directors approved the Q1 FY27 results on July 27, 2026, and announced the first interim dividend of ₹5.50 per equity share for the financial year 2026-27.
Coal India reported steady financial growth during the quarter, with consolidated revenue increasing by 7.77% year-on-year, while profit after tax remained largely stable despite lower coal production.
Coal India Q1 FY27 Consolidated Financial Performance
Coal India’s consolidated revenue from operations increased to ₹46,255 crore in Q1 FY27 compared with ₹42,919 crore in the same period last year.
The company’s key financial performance highlights are:
- Revenue from Operations: ₹46,255 crore, up 7.77% from ₹42,919 crore in Q1 FY26.
- Total Income: ₹48,295 crore, increased 8.44% compared with ₹44,535 crore in the previous year.
- Profit Before Tax (PBT): ₹11,719 crore, slightly lower by 0.48% compared with ₹11,776 crore in Q1 FY26.
- Net Profit After Tax (PAT): ₹8,850 crore, up 0.71% from ₹8,788 crore.
- Basic Earnings Per Share (EPS): ₹14.36 compared with ₹14.27 in the previous year, registering growth of 0.63%.
The company reported a total comprehensive income of ₹8,874 crore during the quarter, marking a 4.93% year-on-year increase.
Read also: Leadership Updates: Coal India Appoints Sona Kumari as Independent Director for Three-Year Term
Key Financial Highlights of Coal India Q1 FY27
Important financial indicators reported by the company include:
- Operating Profit: ₹11,479 crore, down 1.31% year-on-year.
- Joint Venture Profit Share: ₹240 crore, increased 66.6% compared with the previous year.
- Total Expenses: ₹36,816 crore, up 11.89%.
- Other Equity: ₹1,12,939 crore.
- Paid-up Equity Share Capital: ₹6,163 crore.
Coal India Declares ₹5.50 Interim Dividend for FY27
The Board of Directors of Coal India has declared the first interim dividend of ₹5.50 per equity share for FY 2026-27.
The dividend details are:
- Dividend Amount: ₹5.50 per equity share.
- Face Value: ₹10 per share.
- Dividend Percentage: 55% of face value.
- Record Date: July 31, 2026.
- Payment Date: On or before August 25, 2026.
As per SEBI regulations, Coal India will make dividend payments only through RBI-approved electronic modes. The company will not issue physical dividend instruments such as warrants, cheques, or demand drafts.
Shareholders have been advised to update their KYC details with their Depository Participants to receive dividend payments smoothly.
Coal India Standalone Financial Performance
On a standalone basis, Coal India reported strong growth in profitability during Q1 FY27.
Key standalone financial highlights:
- Revenue from Operations: ₹345.18 crore, down 4.07% from ₹359.82 crore.
- Other Income: ₹98.88 crore, increased significantly by 226.01% from ₹30.33 crore.
- Total Income: ₹444.06 crore, up 13.82% compared with ₹390.15 crore.
- Profit Before Tax: ₹211.20 crore, increased 20.36%.
- Net Profit: ₹153.18 crore, up 32.08% from ₹115.97 crore.
- Basic EPS: ₹0.25 compared with ₹0.19 in Q1 FY26.
The increase in other income helped Coal India improve its standalone profitability during the quarter.
Coal India Subsidiaries Performance
The consolidated results include the financial performance of eight major subsidiaries of Coal India.
The subsidiaries and their equity ownership are:
- Eastern Coalfields Limited (ECL): 100% equity interest.
- Bharat Coking Coal Limited (BCCL): 90% equity interest.
- Central Coalfields Limited (CCL): 100% equity interest.
- Northern Coalfields Limited (NCL): 100% equity interest.
- Western Coalfields Limited (WCL): 100% equity interest.
- South Eastern Coalfields Limited (SECL): 100% equity interest.
- Mahanadi Coalfields Limited (MCL): 100% equity interest.
- Central Mine Planning & Design Institute (CMPDIL): 85% equity interest.
The consolidated results also include profit contributions from joint ventures such as Hindustan Urvarak & Rasayan Limited (HURL), Talcher Fertilizers Limited (TFL), and other associated entities.
Growth in Other Income and Services Revenue
Coal India’s other income increased 26% to ₹2,040 crore from ₹1,616 crore in Q1 FY26.
The rise was mainly supported by:
- Increase of ₹449 crore in interest income from deposits.
- Higher income from services and other revenue streams.
Sale of services and other revenues increased 34% to ₹1,120 crore due to:
- ₹235 crore reversal in stripping activity provisions.
- ₹60 crore increase in inflated mileage income.
Coal Production Declines, But Offtake Improves in Q1 FY27
Coal India’s coal production declined during the quarter due to operational challenges.
Key operational updates:
- Coal Production: 169.63 million tonnes (MT), down 7% compared with 183.32 MT in Q1 FY26.
- Production remained below the quarterly target of 190.66 MT.
- Contractual Production: 117.63 MT, contributing 69% of total production.
- Departmental Production: 52 MT, accounting for 31% of total output.
Despite lower production, coal dispatch improved:
- Coal Offtake: 197.86 MT, up 4% from 190.96 MT.
- Overall Sales Quantity: 198.23 MT, increased 4%.
The increase in offtake was supported by inventory utilisation.
Raw Coal Inventory Declines 22%
Coal India’s raw coal inventory reduced significantly during the quarter.
- Inventory stood at 101.35 MT as of June 30, 2026.
- It declined 22% from 130.28 MT on April 1, 2026.
- However, inventory remained 2% higher compared with 98.94 MT recorded at the end of June 2025.
Subsidiary Performance Highlights
The performance of individual subsidiaries varied during Q1 FY27.
- Eastern Coalfields Limited (ECL): PAT doubled to ₹377 crore.
- Bharat Coking Coal Limited (BCCL): Reported a loss of ₹68 crore compared with a profit of ₹177 crore in the previous year.
Coal India Cost Structure and Expenses
Coal India’s total expenditure increased during Q1 FY27 due to higher operational costs.
Major cost highlights:
- Total Expenses: ₹36,816 crore, up 12% from ₹32,903 crore.
- Contractual Expenses: Increased 11% to ₹8,658 crore.
- Outsourcing costs for coal production and overburden removal increased by ₹784 crore.
- Material Consumption Cost: Increased 27% to ₹3,260 crore due to higher expenses on explosives, oil, and lubricants.
- Employee Benefit Expenses: Remained stable at ₹11,023 crore.
A reduction in actuarial valuation expenses for gratuity helped balance employee-related costs.
Coal India’s Strategic Developments in Q1 FY27
Coal India continued its focus on diversification and clean energy initiatives during the quarter.
Major developments include:
- Foundation stone laid for India’s first commercial coal gasification project on June 20, 2026.
- The project involves an investment of ₹25,000 crore by BCGCL, a joint venture between Coal India and Bharat Heavy Electricals Limited (BHEL).
- Coal India generated its first-ever revenue from energy sales.
- A 100 MW solar power plant at Bhadramali, Gujarat, generated ₹5.68 crore in revenue.
- Additional 200 MW solar capacity was commissioned at Khavda, Gujarat, on July 8, 2026.
These initiatives highlight Coal India’s efforts to expand beyond traditional coal mining and strengthen its presence in renewable energy.
Coal India Q1 FY27 Outlook
Coal India’s Q1 FY27 results show stable financial performance despite a decline in coal production. The company benefited from higher coal offtake, improved other income, and increased contributions from joint ventures.
With investments in coal gasification, solar energy projects, and operational improvements, Coal India is focusing on maintaining its position as India’s leading coal producer while gradually expanding into cleaner energy solutions.
About Coal India Limited
Coal India Limited (CIL) is a Maharatna public sector enterprise under the Ministry of Coal, Government of India. Established in 1975, the company is the world’s largest coal-producing organisation and operates through multiple subsidiaries across India. Coal India supplies coal mainly to power plants, steel industries, cement companies, and other sectors while also investing in renewable energy, coal gasification, and sustainable mining initiatives.
