State-owned CIL on Monday said its production declined 3.5 per cent to 280.2 million tonnes (MT) in the April-August period of the current financial year. The company witnessed a decline in production even as the government is aiming to raise the output to reduce the import dependence. Coal India Ltd (CIL) accounts for over 80 per cent of domestic coal output. The company's coal output was 290.4 MT in the April-August period of the previous fiscal year. Coal India subsidiaries, which registered negative growth are Central Coalfields Ltd (CCL), Bharat Coking Coal Ltd (BCCL), Eastern Coalfields Ltd (ECL), Western Coalfields Ltd (WCL), and Mahanadi Coalfields Ltd (MCL). However, the company's coal output was 50.4 MT last month, over 46.1 MT in August last financial year, according to the provisional data. In the financial year 2024-25, CIL produced 781.1 MT of coal, nearly 7 per cent less than the company's target for the financial year. CIL's coal production target for 2024-25 was
CIL alone meets 80 per cent of India's domestic coal demand across key industries including power, cement, and steel
Coal India and NMDC lead the list, each with a dividend yield of seven per cent, making them the most attractive dividend plays among government-backed companies
Here is the complete list of stocks that will trade ex-dividend on August 21, along with their key details
State-owned Coal India Ltd (CIL) on Tuesday said it has signed a pact with Konkan Railway Corporation Ltd to develop rail infrastructure for the company and its subsidiaries. CIL, which accounts for over 80 per cent of domestic coal output, is actively strengthening its rail infrastructure to improve coal transportation. The non-binding memorandum of understanding (MoU) was signed between both companies in Kolkata. "Coal India Ltd and Konkan Railway Corporation Ltd have executed a non-binding memorandum of understanding on August 18, 2025...with an intent of development of rail infrastructure of CIL and its subsidiaries," the company said in a BSE filing. CIL had earlier entered into a pact with Indian Port Rail & Ropeway Corporation Ltd to develop a rail infrastructure for the coal behemoth and its arms. In FY25, CIL produced 781.1 million tonnes (MT) of coal, nearly 7 per cent less than the company's annual target of 838 MT. Coal India Ltd is targeting a production of 875 MT and
Coal India Ltd (CIL) is pressing ahead with its production and evacuation infrastructure plans under its capital expenditure programme for the current fiscal, even as coal demand remained sluggish in the first quarter of FY 2025-26. The company has earmarked the largest share of Rs 5,622 crore - about 35 per cent of the total proposed Rs 16,000 crore capex in FY26 - for coal transportation and evacuation infrastructure, including rail sidings, corridors, coal handling plants, silos and roads. The investments are critical to ramp up mechanised coal evacuation capacity from the present 151 million tonnes per annum (MTPA) to 994 MTPA by FY 2028-29 under first mile connectivity, an official told PTI. The state-run miner, which accounts for over 75 per cent of domestic coal output, reported a decline in performance in the June quarter, with production falling 3 per cent to 183.32 million tonnes and offtake slipping 4 per cent to 191 million tonnes. Already, there are signs of demand ...
Under the previous policy framework, electricity produced using Coal India Ltd's linkage coal could not be traded in the open market, regardless of whether it was surplus
The move would enable consistent demand for coal, Coal India said in the notice dated August 6, which was reviewed by Reuters
Here is the complete list of stocks that will trade ex-dividend on August 6, along with their key details
Coal India Ltd (CIL) has set an ambitious supply target of 900.24 million tonnes (MT) for 2025-26, representing over 18 per cent growth from the previous year's achievement, as part of a strategy to meet rising power demand and reduce imports. According to the company's outlook by its management in its latest annual report, around 74 per cent of the total coal dispatch is expected to be consumed by the power sector alone, underscoring CIL's critical role in ensuring uninterrupted electricity supply across the country. The projected demand from the power sector for FY26 stands at 668.1 MT, and the company aims to cater to the entire requirement of power and non-regulated consumers while substituting imported coal wherever possible, the miner informed. CIL's growth roadmap aligns with the government's objective of providing 24x7 power to every household, with plans to scale up production to 1 billion tonnes by 2028-29, the company said. To sustain growth while reducing environmental
State-owned CIL on Friday reported a six per cent drop in production at 229.8 million tonnes (MT) in the April-July period of the current financial year even as the government is making efforts to increase the output to cut imports. The company had produced 244.3 MT of coal in the corresponding period of the previous fiscal, Coal India Ltd (CIL) said in a filing to BSE. The coal behemoth did not give reasons for the decline in production. However, industry analysts attribute the production dip to typical monsoon-related disruptions, which can hinder mining operations and dispatch to power plants. CIL accounts for over 80 per cent of domestic coal output. Coal production in July also dropped to 46.4 MT from 55 MT in the corresponding month of previous fiscal. Coal Minister G Kishan Reddy had earlier said that the country will not face any shortage of coal in the upcoming monsoon season, as the government is well prepared to meet the demand across various sectors, including the powe
Coal India on Thursday posted an over 20 per cent fall in consolidated net profit to Rs 8,734.17 crore in the June quarter, mainly impacted by lower sales. The country's largest coal-producing company had clocked a net profit of Rs 10,943.55 crore in the April-June period of preceding 2024-25 financial year. In the first quarter, Coal India has reported a total income of Rs 37,458.05 crore, down from Rs 39,388.47 crore in the year-ago quarter. As per the company filing, its sales fell to Rs 31,880.43 crore from Rs 33,170.13 crore in the April-June quarter of FY25. Its expenses inched up to Rs 25,893.12 crore against Rs 25,326.66 crore in the same period a year ago. The company's Board of Directors declared the first interim dividend for the FY26 at Rs 5.50 per equity share on the face value of Rs 10 as recommended by the Audit Committee of CIL at its meeting held on the date. The company has fixed Wednesday, 6th August 2025, as the "Record Date" for the purpose of determining the
Revenue drops 4.4% to Rs 35,842 crore; EBITDA margin down to 39.8% from 43.5%; EPS slips to Rs 14.19 in June quarter
As a strategy, they have moved utilities sector to equal weight. Financials, Telecom, small discretionary, remain their overweight sectors.
State-owned CIL on Tuesday said coal production dropped by 8.5 per cent to 57.8 million tonnes (MT) in June even as the government aims to increase the output to reduce the dependency on imports. The coal production by the PSU was 63.1 MT in the corresponding month of the previous fiscal, Coal India Ltd (CIL) said in a regulatory filing. The coal output by the PSU in the first three months of the current fiscal also dropped to 183.3 MT, over 189.3 MT produced in the April-June period of the previous financial year. The company, however, did not give a reason for the decline in coal production. According to industry analysts, coal production usually faces hindrances during the monsoon season. As a result the output from mines is lower, which consequently affects the dispatch to power plants. Coal offtake by the PSU also dropped by 7.4 per cent to 60.4 MT in the month of June, over 65.2 MT in the corresponding month of the previous fiscal. Coal offtake refers to the amount of coal
State-owned CIL on Tuesday said it has signed an MoU with Hindustan Copper to work together in the critical mineral sector. The two companies executed the non-binding Memorandum of Understanding (MoU) on Monday to collaborate across various aspects in the copper and critical minerals sectors, CIL said in a BSE filing. Earlier, CIL and IREL (India) Ltd had signed a non-binding MoU to cooperate and collaborate on the development of critical minerals. The MoU aims to promote the development of mutually agreed assets of critical minerals, including mineral sands and rare earth elements. CIL accounts for over 80 per cent of the domestic coal production. Critical minerals such as copper, lithium, nickel, cobalt and rare earth are essential raw materials required to fuel the growth of rapidly-growing clean energy technologies and their expanding uses ranging from wind turbines and electricity networks to electric vehicles and battery manufacturing.