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Coal India Results

Analysts remain divided on Coal India's future prospects after mixed Q3

Coal India share price, on BSE, slipped 2.03 per cent to an intraday low of Rs 367.75 per share, nearing its 52-week low of Rs 361.30, on Tuesday, January 28, 2025

Analysts remain divided on Coal India's future prospects after mixed Q3
Updated On : 28 Jan 2025 | 10:22 AM IST

Coal India targets 4-5% production growth in FY25 despite challenges

Coal India Ltd (CIL) has acknowledged that the realistic production target for the current fiscal will be 806-810 million tonnes (MT), down from 838 million tonnes, company Chairman PM Prasad said on Friday. CIL production grew 2.2 per cent to 543 million tonnes till December in the current fiscal. But aiming to ramp up production in the remaining days of the fiscal, efforts are on to achieve a growth of around 4 to 5 per cent, he said. "We are targeting a production of 806-810 million tonnes in the current fiscal," Prasad said on the sidelines of the announcement of the 11th edition of the International Mining and Machinery Exhibition (IME 2025). "In the full year, we are targeting to achieve a realistic target of about 4-5 per cent growth," Prasad told PTI. In FY24, CIL produced 773.65 million tonnes, marking an 11 per cent growth over FY'23. He expressed optimism about getting closer to the target, citing the performance of subsidiaries Mahanadi Coalfields, Northern Coalfields

Coal India targets 4-5% production growth in FY25 despite challenges
Updated On : 17 Jan 2025 | 3:41 PM IST

Coal India Q3 results: Profit rises 17% to Rs 9,069 cr, revenue up 2%

Coal behemoth CIL on Monday reported a 16.9 per cent rise in consolidated net profit to Rs 9,069.19 crore for the December quarter. The company's consolidated net profit stood at Rs 7,755.55 crore in the year-ago period, Coal India Ltd (CIL) said in a regulatory filing. Its consolidated revenue from operations in the October-December period increased to Rs 36,153.97 crore from Rs 35,169.33 crore a year ago. CIL accounts for over 80 per cent of domestic coal production.

Coal India Q3 results: Profit rises 17% to Rs 9,069 cr, revenue up 2%
Updated On : 12 Feb 2024 | 7:41 PM IST

Coal India Q3 results: Profit up 70% to Rs 7,756 cr on higher power demand

The Indian coal ministry expects Coal India to surpass its production target of 700 mln tonnes fixed for the current fiscal

Coal India Q3 results: Profit up 70% to Rs 7,756 cr on higher power demand
Updated On : 31 Jan 2023 | 7:19 PM IST

CIL sees 17% jump in composite opencast output in July, hopes further rise

The composite production was 110.40 million cubic metres (M CuM) for July, against 94.4 M CuM in July 2019, CIL said in a statement.

CIL sees 17% jump in composite opencast output in July, hopes further rise
Updated On : 03 Aug 2020 | 5:42 PM IST

Coal India: Here's why analysts predict a 25% fall in its FY21 earnings

Lockdown impact on volumes, lower e-auction share to hit profits

Coal India: Here's why analysts predict a 25% fall in its FY21 earnings
Updated On : 30 Jun 2020 | 1:02 AM IST

Near-term worries outweigh Coal India's Q1 gains; stock falls 1.6%

Further fresh auction of coal mines to private players can also lead to higher competition for Coal India

Near-term worries outweigh Coal India's Q1 gains; stock falls 1.6%
Updated On : 14 Aug 2019 | 10:36 PM IST

Coal India Q3 profit surges 50% to Rs 4,567 crore on higher production

Its profit for the three months to December reached Rs 4,567 crore ($646.5 million), compared with Rs 3,043 crore a year earlier

Coal India Q3 profit surges 50% to Rs 4,567 crore on higher production
Updated On : 12 Feb 2019 | 8:47 PM IST

Coal India Q1 profit falls 23% to Rs 2,351 cr, misses estimates

Analysts on average had expected the company to post a quarterly profit of Rs 2,662 crore

Coal India Q1 profit falls 23% to Rs 2,351 cr, misses estimates
Updated On : 14 Aug 2017 | 6:22 PM IST