Coal India Limited reported a net profit of Rs 9,218 crore for the January-March 2026 quarter, surpassing analyst estimates of Rs 7,800 crore and marking its highest-ever quarterly earnings. Revenue from operations grew 11% year-on-year to Rs 38,440 crore, supported by strong coal offtake from the power sector and e-auction premiums.
The company's coal production for Q4 FY26 stood at 218 million tonnes, up 8.4% from the year-ago period, while dispatches touched 216 million tonnes. The board also announced a final dividend of Rs 5 per share, taking the total FY26 dividend to Rs 25.5 per share, a payout ratio of over 60%. The stock responded positively, gaining 4.2% on the BSE.
Management guided for production of 900 million tonnes in FY27, up from 838 million tonnes in FY26, as the company ramps up output from new opencast mines in Chhattisgarh and Odisha. Despite the ambitious target, analysts remain cautious about potential disruptions from land acquisition delays and logistics bottlenecks at coal loading sidings.
