Coal India Q2 FY27 Net Profit Climbs 53% to ₹6,516 Cr, Board Declares Second Dividend
Coal India reported a 53% rise in consolidated net profit to ₹6,516 crore for the quarter ended 30 September 2026, compared with ₹4,259 crore in the same period last fiscal year. Revenue from operations grew 21% to ₹44,179 crore from ₹36,553 crore in Q2 FY26. Operating profit, or EBITDA, jumped 29% to ₹8,499 crore versus ₹6,593 crore in Q2 FY26. The profit margin expanded to 19.24% from 18.04% year‑on‑year, reflecting improved cost efficiency and higher sales volumes.
For the first half of FY27, Coal India’s net profit rose 18% to ₹15,368 crore from ₹13,056 crore in H1 FY26. Revenue from operations for H1 FY27 surged 14% to ₹90,434 crore against ₹79,472 crore in H1 FY26. The company’s coal supplies in September 2026 increased 12.5% to 61.20 million tonnes from 54.40 million tonnes a year earlier, driven by rising power demand. Supplies to the power sector grew 10.63%, reaching 48.90 MT from 44.20 MT in the previous fiscal year.
Coal India’s production in September 2026 grew 9.18% to 53.50 MT from 49 MT last year, while overall coal production for the April‑June period of the previous fiscal year was 183.3 MT. The company, which accounts for over 80% of the country’s coal output, has focused on strengthening mining infrastructure, acquiring land, procuring heavy earth‑moving machinery and advancing diversification projects. These initiatives helped the firm achieve a 27% increase in capital expenditure to ₹7,966 crore in H1 FY27, 109% of the planned outlay, up from ₹6,283 crore last year.
The board has declared a second interim dividend of ₹10.25 per equity share for FY27, with a face value of ₹10 per share. The record date for dividend eligibility is set for 4 November 2026, and payment will be made on or before 27 November 2026. This dividend declaration follows the company’s strong financial performance and robust cash flow generation in the first half of the fiscal year.
On 29 October 2026, Coal India shares closed at ₹393.1 on the National Stock Exchange, up 0.28% after hours. Over the past month, the shares have slipped 8%, and they have fallen 2% from the beginning of the year. The stock touched a one‑year high of ₹491.25 on 30 April 2026, while the 52‑week low of ₹369.60 was hit on 25 November 2025. As of the reporting date, the company’s market capitalisation stood at ₹2.42 lakh crore.
Coal India’s Q2 FY27 results demonstrate significant growth in profitability, revenue, and production, underpinned by higher coal supplies to the power sector and a disciplined capital expenditure programme. The company’s dividend policy reflects confidence in its earnings trajectory, while its share price movements indicate market sensitivity to broader economic factors. The firm’s continued focus on infrastructure and diversification is expected to sustain its leading position in India’s coal industry.