Coal India Q3 Results: PAT falls 16% YoY to ₹7,166 crore; 3rd interim dividend announced; check details

The state-owned Maharatna firm had reported a profit of ₹8,491 crore in the year-ago period.

Net sales dropped 5% YoY to ₹30,818 crore, while revenue from operations also declined 5% YoY to ₹34,924 crore.

The company's profit before tax (PBT) came in at ₹9,473 crore, down 20% YoY from ₹11,792 crore logged in the corresponding quarter of the previous fiscal year.

Coal India's EBITDA, or operating profit, stood at ₹10,285 crore, down 25% YoY as against ₹13,753 crore registered in the year-ago period.

EBITDA stands for earnings before interest, taxes, depreciation, and amortisation.

Major events for FY26

• Listing of BCCL: Subsidiary company BCCL shares listed on the BSE and NSE on January 19, 2026;
• Elimination of Inverted Tax Structure: Inverted tax structure eliminated with increase in GST on coal from 5% to 18% effective 22.09.2025, leading to utilisation of accumulated ITC of ₹ 2,634 Cr in Q3;
• Thermal power project: 50:50 JV agreement with DVC to develop a brownfield thermal power project at Chandrapura, Jharkhand. Capacity: 1,600 MW of supercritical unit (2×800 MW units).
• Rare Earth Element (REE): CIL secured Kawalapur REE Block, Maharashtra in January 2026 making foray into the critical mineral;
• Maiden Dividend from JV Company - HURL: For the 1st time, CIL received ₹404.37 Cr Dividend from HURL, (a JV company of CIL) as 1st Interim Dividend for the FY2025-26.
• Copper & Critical Mineral Sectors: MoU signed on 30.06.2025 with Hindustan Copper Ltd to collaborate in copper and critical minerals sectors.
• Solar Power: MoU on 05.05.2025 with UPRVUNL for setting 500 MW Solar Power project in Uttar Pradesh as a part of Green and Renewable Energy Initiatives;
• New Renewable Energy Subsidiary: Incorporation of CIL RAJASTHAN AKSHAY URJA LIMITED, Certificate of Incorporation dtd 09.06.2025 CIL - 74% RVUNL - 26%.

Coal India interim dividend details

Coal India said its Board of Directors has, inter alia, declared the payment of the 3rd Interim Dividend at ₹5.50 per equity share having a face value of ₹10 each for the FY 2025-26.

The dividend will be paid to shareholders holding equity shares of the company, either in electronic or in physical form, as of Wednesday, Feb 18, 2026, i.e., the record date.

About Coal India

Coal India Limited (CIL), the state-owned coal mining corporation, came into being in November 1975. With a modest production of 79 million tonnes (MTs) at the year of its inception, CIL today is the leading coal producer in the world.

CIL functions through its subsidiaries in 84 mining areas spread over eight (8) states of India.

CIL is a Maharatna company – a privileged status conferred by the Government of India to select state-owned enterprises in order to empower them to expand their operations and emerge as global giants.

CIL has seven producing subsidiaries, namely Eastern Coalfields Limited (ECL), Bharat Coking Coal Limited (BCCL), Central Coalfields Limited (CCL), Western Coalfields Limited (WCL), South Eastern Coalfields Limited (SECL), Northern Coalfields Limited (NCL) and Mahanadi Coalfields Limited (MCL), and one mine planning and consultancy company, Central Mine Planning & Design Institute (CMPDI).

In addition, CIL has a foreign subsidiary in Mozambique, namely Coal India Africana Limitada (CIAL).

The mines in Assam, i.e., the North Eastern Coalfields, are managed directly by CIL.