Coal India has reported a net profit of Rs 4,262.64 crore for the second quarter, marking a sharp year-on-year decline of 32.6% from Rs 6,274.80 crore in Q2FY25. On a quarter-on-quarter basis, the coal mining PSU’s profit fell 51.20% from Rs 8,734.17 crore reported in the June quarter.
Revenue from operations also declined 3% year-on-year and 15.78% sequentially, coming in at Rs 30,186.70 crore. EBITDA recorded at Rs 6,716 and margins came at 22.2%.
The company has also declared a second interim dividend of Rs 10.25 per share (102.5%) for FY2025-26. The record date for determining eligible shareholders has been set as November 4, 2025, and the dividend will be paid by November 28.
The company had announced its first interim dividend of Rs 5.50 per share in July.
GST rate hike to help utilise tax credits
The company said that the recent GST rate hike on coal from 5% to 18%, effective from September 22, 2025, will help it utilise the accumulated Input Tax Credit (ITC) of around Rs 18,133 crore. “The issue of inverted duty structure no longer arises, and the accumulated ITC is being utilised against output liability,” the company stated.
Share price of Coal India
The share price of Coal India fell nearly 4% to touch an intra-day low of Rs 381.55 after the company announced its Q2 results on Wednesday, October 29. On a yearly basis, Coal India stock remains down about 1.24%.