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State-owned CIL on Saturday said its production grew 8.4 per cent to 50.36 million tonnes (MT) in July. Coal India Ltd (CIL) accounts for over 80 per cent of domestic coal output. Despite challenges posed by the rains, the company recorded healthy growth in coal production. Simultaneously, it has sustained strong momentum in coal supplies through a demand-responsive inventory optimisation strategy, enabling it to maintain a comfortable balance between production and supplies. "Coal India Ltd recorded a robust operational performance in July 26-27, registering an 8.44 per cent growth in coal production," it said in a statement. Coal supplies also increased 18.38 per cent to 64.19 MT during July, over the year-ago period. "Coal supplied in July FY27 marks the highest-ever coal offtake for the month in any financial year. The previous highest July supply stood at 60.5 MT, achieved in FY 24-25," the statement said. The strong operational momentum follows another record performance in
Coal India arm BCCL on Wednesday reported a loss of Rs 68.09 crore for the June quarter due to lower revenue and higher expenses. However, the company had reported a profit of Rs 176.87 crore in the year-ago period, Bharat Coking Coal Ltd (BCCL) said in a filing to the BSE. Revenue from operations during the first quarter of the current fiscal year declined to Rs 3,587.27 crore over Rs 3,719.59 crore in the corresponding quarter of the previous fiscal year. In a presentation, BCCL -- a Miniratna PSU -- said, "The reduction in sales is on account of reduction in outside dispatch from 8.83 million tonnes to 7.81 million tonnes." It further said the decrease in other income is primarily attributable to the reduction in provision and liability write back. The total expenses rose to Rs 3,826.31 crore over Rs 3,654.39 crore in the year-ago period, the filing said. Bharat Coking Coal Ltd manages an extensive network of open-cast and underground mines across Jharkhand and West Bengal, wi