New Delhi/Kolkata: Coal India Limited (CIL), the country’s largest coal producer, reported a strong performance for the fourth quarter of FY26, posting an 11% year-on-year increase in consolidated net profit to ₹10,908 crore.
The company’s Board approved the audited financial results for the quarter and full financial year ended March 31, 2026, during a meeting held on April 27.
Q4 FY26 Financial Performance Shows Strong Growth
For the March quarter, Coal India Limited delivered steady growth across key financial metrics:
- Net Profit: ₹10,908 crore (up 11% YoY)
- Revenue from Operations: ₹46,490 crore (up 5.7% YoY)
- Profit Before Tax: ₹14,627 crore (up 12% YoY)
- Earnings Per Share (EPS): ₹17.59 (vs ₹15.82 YoY)
The growth was driven by higher revenue and improved operational performance.
FY26 Full-Year Performance Declines Marginally
Despite strong quarterly numbers, the company reported a decline in annual performance:
- Net Profit FY26: ₹31,071 crore (down 12% YoY)
- Revenue FY26: ₹1,68,400 crore (down 0.5% YoY)
- EPS FY26: ₹50.46 (vs ₹57.61 in FY25)
The dip reflects lower overall production and offtake during the year.
Dividend Announcement: ₹26.50 per Share for FY26
The Board of Coal India Limited recommended a final dividend of ₹5.25 per equity share for FY26.
Total Dividend Breakdown for FY26:
- 1st Interim Dividend: ₹5.50
- 2nd Interim Dividend: ₹10.25
- 3rd Interim Dividend: ₹5.50
- Final Dividend (Proposed): ₹5.25
Total Dividend: ₹26.50 per share
The final dividend will be paid after shareholder approval at the upcoming AGM.
Key Strategic Developments During FY26
Subsidiary Listings Strengthen Market Presence
- Bharat Coking Coal Limited (BCCL) listed on NSE & BSE (January 19, 2026); CIL retains 90% stake
- Central Mine Planning and Design Institute listed (March 30, 2026); CIL holds 85% stake
These listings mark a significant step toward unlocking value from subsidiaries.
Pay Scale Revision and Financial Provisions
Following a court directive, the company approved pay scale upgrades for executives, resulting in:
- Provision of ₹1,458 crore (for Aug 2023–Dec 2025)
- Implementation of revised structure from January 1, 2026
Additionally, stripping activity provisions stood at ₹56,504 crore as per accounting norms.
Operational Highlights and Production Update
- Coal Production FY26: 768.19 million tonnes (down from 781.06 MT)
- Coal Offtake: 744.88 MT (vs 762.98 MT in FY25)
- Closing Stock: Increased to 129.96 MT
The company continues to focus on increasing output to meet rising domestic demand.
AGM and Dividend Payment Details
The 21st Annual General Meeting of Coal India Limited will be held on June 25, 2026, via virtual mode.
The company also confirmed that dividends will be paid only through electronic modes, in line with SEBI regulations.
About Coal India Limited
Coal India Limited is the world’s largest coal-producing company and a Maharatna PSU. It operates across eight Indian states with over 300 mines and contributes nearly 80% of India’s total coal production. The company plays a crucial role in powering the nation, supporting around 55% of total electricity generation, and aims to reach 1 billion tonnes of coal production by 2028–29 to reduce import dependence and meet growing energy needs.
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