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Coal India Q2 Net Profit Jumps 57% to ₹6,547 Crore on Higher Realisations
Sentiment: PositiveHigh Priority
What Happened?
Coal India Ltd reported a 57% increase in net profit for Q2 2026, reaching ₹6,547 crore, driven by higher coal realisations and increased production.
Key points
- Coal India's net profit for Q2 2026 is ₹6,547 crore, up from ₹4,167 crore in Q2 2025.
- Total income rose 21% to ₹46,833 crore compared to ₹38,694 crore in the same quarter last year.
- Production increased by 4% to 151 million tonnes, and coal offtake rose 12% to 186 million tonnes.
- Average billing realisation grew 7% to ₹2,346 per tonne.
- Other income increased by 24% to ₹2,654 crore, mainly from interest on cash deposits.
- Overall expenditure rose 17% to ₹38,398 crore, with employee benefits expenses increasing by 8%.
Key insights
- Higher coal realisations may lead to increased investments in production capacity.
- The establishment of CIL Global Pte Ltd could enhance international market opportunities.
- The rise in other income suggests effective cash management strategies.
Why it matters
The profit increase indicates strong financial health for Coal India, which could impact investor confidence.
Entities
Coal India Ltd· CompanyNarendra Modi· PersonBharat Heavy Electricals Ltd· CompanyOdisha· State
Source
Business Standard
