Coal India Q2 results: Net profit dips 31%, revenue falls to ₹30,187 crore; board declares second dividend

The company’s revenue from operations for Q2 FY26 slipped 3.19% to ₹30,187 crore as against ₹31,182 crore reported in the corresponding quarter last fiscal year.

Coal India’s earnings before interest, tax, depreciation, and amortisation (EBITDA) decreased 22% to ₹6,716 crore for Q2 FY26 as compared to ₹8,617 crore in Q2 FY25.

The margin for the quarter under review contracted to 22.25% in contrast to 27.63% year on year (YoY).

The company’s board has recommended a second interim dividend for FY26 at ₹10.25 per share of the face value of ₹10.

“Further, the Board of Directors at its meeting held on date has, inter alia, declared the 2nd Interim Dividend for the Financial Year 2025-26 at Rs 10.25/- per equity share on the face value of Rs 10/- as recommended by the Audit Committee of CIL at its meeting held on date,” Coal India said in a regulatory filing.

The company has set Tuesday, November 4, 2025, as the record date to determine shareholders eligible for the second interim dividend for FY26. The dividend payment will be made by November 28, 2025.

Following the earnings, Coal India shares were trading at ₹382.70 apiece on NSE, falling 2.22%.

October production

Coal India Limited (CIL) on October 1 had reported a 3.9% decline in production to 48.97 million tonnes (MT) in September. The drop in production comes in spite of the government making efforts to increase coal output to bring down the import of dry fuel.

The company's output was 50.94 MT in the corresponding month of the previous fiscal year. However, no reasons were given by the company for the decline.

CIL subsidiaries, which registered a drop in production in September, are Bharat Coking Coal Ltd (BCCL), Central Coalfields Ltd (CCL), Western Coalfields Ltd (WCL), and Mahanadi Coalfields Ltd (MCL).

There was a decline in production in Northeastern Coalfields (NEC), a unit of Coal India.

Coal production during the April-September period also dropped to 329.14 MT, from over 341.35 MT in the year-ago period.

CIL accounts for over 80% of domestic coal output.

Coal India Ltd is targeting a production of 875 MT and a dispatch target of 900 MT for 2025-26. This ambitious production goal aims to meet rising power demand and reduce reliance on imported coal.