Coal India mines
| Photo Credit: Reuters
State-owned miner Coal India’s net profit in the June-end quarter stayed nearly flat year-on-year (YoY) as cost of explosives and industrial diesel, among other essentials required for mining, cumulatively rose double-digit amid the West Asia conflict, even as it sought to absorb the impact of the elevated pricing.
Kolkata-headquartered Coal India’s net profit stood at ₹8,850 crore at the end of June quarter, which increased by a marginal 0.7% on a yearly basis. The miner declared an interim dividend of ₹5.50 per equity share.
The mining behemoth’s expenses during the quarter rose 27% YoY to ₹3,260 crore. It showed an incremental cost of ₹244 crore in explosives during the review quarter, ₹435 crore in oil and lubricant expenses, and ₹19 crore in machinery and timber expenses.
The miner’s revenue increased 8% YoY to ₹46,255 crore.
In a presentation, the company said it produced 169.63 million tonnes (MT) of coal during the quarter against 183.32 MT in the year-ago period. The coal offtake rose to 197.86 MT from 190.96 MT a year earlier.
It is the main fuel supplier to the country’s power sector, providing the bulk of coal required by thermal power plants. Its role is central to energy security, especially as coal still accounts for roughly 70% of India’s power generation.
Published – July 27, 2026 08:56 pm IST
