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  1. Coal India Q2 results: Net profit rises 53% to ₹6,516 crore YoY; board declares second dividend for FY27

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Coal India Q2 results: Net profit rises 53% to ₹6,516 crore YoY; board declares second dividend for FY27

image Ahana Chatterjee

3 min read | Updated on October 29, 2026, 18:44 IST

SUMMARY

The company’s revenue from operations for Q2 FY27 grew 21% to ₹44,179 crore as against ₹36,553 crore reported in the corresponding quarter last fiscal year.

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On Thursday, Coal India shares closed at ₹393.1 apiece on the National Stock Exchange, rising 0.28%. | Image: Shutterstock

On Thursday, Coal India shares closed at ₹393.1 apiece on the National Stock Exchange, rising 0.28%. | Image: Shutterstock

Coal India reported an increase of 53% in its consolidated net profit at ₹6,516 crore for the quarter ended September 30, 2026, of financial year 2026-27 (Q2 FY27). Its net profit attributable to the owners for the same quarter in the last fiscal year was at ₹4,259 crore.
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The company’s revenue from operations for Q2 FY27 grew 21% to ₹44,179 crore as against ₹36,553 crore reported in the corresponding quarter last fiscal year.

State-owned firm’s operating profit, also known as earnings before interest, tax, depreciation, and amortization (EBITDA), jumped 29% to ₹8,499 crore for Q2 FY27 as compared to ₹6,593 crore in Q2 FY26.

The margin for the quarter under review expanded to 19.24% in contrast to 18.04% year on year (YoY).

For half a year (H1 FY27), Coal India’s net profit jumped to ₹15,368 crore as compared to ₹13,056 crore on a YoY basis, marking a growth of 18%. Its revenue from operations for H1 FY27 surged 14% to ₹90,434 crore as against ₹79,472 crore in H1 FY26.

Announces second interim dividend for FY27

Coal India’s board has declared a second interim dividend of ₹10.25 per equity share for FY27, with a face value of ₹10 per share.

The company has fixed November 4, 2026, as the record date to determine shareholder eligibility for the dividend. The payment will be made on or before November 27, 2026.

Capex improves in H1 FY27

This week, Coal India said it has registered a 27% growth in capital expenditure (capex) of ₹7,966 crore in the April to September period (H1) of the financial year 2026-27, achieving 109% of the planned outlay for the period. Last fiscal year, the company spent ₹6,283 crore in capital expenditure.

The management cited continued focus on strengthening mining infrastructure, acquiring land, procuring heavy earth-moving machinery and advancing diversification projects as the factors behind achieving the capex target.

Production ramp-up

Earlier this month, Coal India disclosed that the company has increased its coal supplies by 12.5% to 61.20 million tonnes (MT) in September 2026, from 54.40 million tonnes in the same period a year earlier due to the rising power demand in the country.

“Supplies to the power sector also registered strong growth of 10.63%, during the month rising to 48.90 MT from 44.20 MT in the previous fiscal,” the company said.

During the period, Coal India’s coal production grew by 9.18% to 53.50 MT, compared with 49 MT last year.

Coal India, which accounts for over 80% of the country's coal output, produced 183.3 MT in the April-June period of the previous fiscal year.

Coal India share price trends

On Thursday, Coal India shares closed at ₹393.1 apiece on the National Stock Exchange, rising 0.28%. The earnings, however, came after the market hours.

Shares of the firm have slipped 8% over a month, while they have fallen 2% from the beginning of the year.

Shares of the company had touched their one-year high of ₹491.25 apiece on April 30, 2026, while their 52-week low of ₹369.60 was hit on November 25, 2025.

As of October 29, 2026, Coal India has a market capitalisation of ₹2.42 lakh crore, NSE data showed.

Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Please consult a financial advisor before making any investment decisions.

About The Author

image Ahana Chatterjee
Ahana Chatterjee is a business journalist with 7 years of experience across several leading news platforms. At Upstox, she covers stock markets and corporate news.

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