Coal India’s September-quarter profit rose to ₹6,547 crore, supported by stronger coal realisations and interest income despite a 17% increase in expenditure.
Coal India Ltd has reported a sharp rise in quarterly profit, helped by stronger realisations and higher non-operating income, even as costs climbed during the period.
According to figures published by Business Standard, the state-owned miner’s profit after tax for the quarter ended September 2026 rose 57% to ₹6,547 crore, from ₹4,167 crore a year earlier. Total income increased 21% to ₹46,833 crore, while production rose 4% to 151 million tonnes and coal offtake advanced 12% to 186 million tonnes. Coal sales also climbed 13% year on year to 186 million tonnes.
The company’s earnings were lifted chiefly by better pricing. Average billing realisation increased 7% to ₹2,346 a tonne, and realisation for coal sold under fuel supply agreements rose to ₹2,191 a tonne, according to the company’s results. That contributed a net positive impact of ₹1,411 crore. Other income, mainly interest on cash deposits, grew 24% to ₹2,654 crore.
Those gains offset a 17% rise in overall expenditure to ₹38,398 crore. Employee benefit costs increased 8% to ₹11,777 crore, contractual expenses rose 18% to ₹7,326 crore and other expenses, which include rates and taxes paid to state governments, climbed 18% to ₹11,878 crore. Coal India’s filing on its investor relations page and financial data on the Bombay Stock Exchange both align with the reported quarterly performance.
Beyond the quarterly numbers, the company has also moved on a few strategic fronts. It set up a wholly owned Singapore unit, CIL Global Pte Ltd, to look for overseas opportunities in critical minerals and manage foreign investments more efficiently. Reuters has also reported on Coal India’s role in India’s first commercial coal gasification project in Odisha, a ₹25,000 crore venture with Bharat Heavy Electricals, after Prime Minister Narendra Modi laid its foundation stone in June 2026.
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