Despite a dip in annual output, Coal India continues to dominate domestic coal production and has set a target of reaching 1 billion tonnes by 2028-29 to reduce import dependence and meet growing energy demand.

State-owned CIL on Monday reported an 11.1 per cent rise in consolidated net profit to Rs 10,839.18 crore in the March quarter, driven by higher revenue.

Coal India Ltd (CIL) logged a consolidated net profit of Rs 9,751.64 crore in the year-ago period.

In a filing to the BSE, the Maharatna firm said its revenue from operations rose to Rs 46,490.03 crore from Rs 43,961.56 in the corresponding quarter of the previous fiscal year.

The consolidated expenses of the company during the fourth quarter of the previous fiscal year rose to Rs 37,107.07 crore compared to Rs 34,999 crore in the year-ago period, CIL said in a filing to the BSE.

However, the company's net profit for the year ended March 31, 2026 dropped to Rs 31,094.29 crore over Rs 35,505.79 crore for the year ended March 31, 2025.

The revenue for 2025-26 marginally declined to Rs 1,68,400.29 crore over Rs 1,69,177.37 crore for the year ended March 31, 2025.

The board of directors declared a final dividend of Rs 5.25 per equity share for 2025-26 and added that the payment of final dividend for 2025-26 will be made subject to approval of shareholders in the ensuing AGM.

The company produced 768.19 million tonnes (MT) of coal in 2025-26 over 781.06 in 2024-25. The coal offtake in FY26 was 744.88 MT over 762.98 MT in 2024-25.

The opening coal stock of CIL as on April 1, 2025 was 107.16 MT, while the closing stock as on March 31, 2026 was 129.96 MT.

CIL is the single-largest coal producer in the world. Across eight Indian states, CIL operates in 85 mining areas, managing a total of 310 working mines, consisting of 129 underground, 168 opencast and 13 mixed mines.

The PSU contributes to 80 per cent of total domestic coal production and 75 per cent of total coal-based power generation. CIL contributes to 55 per cent of total power generation and meets 40 per cent of the primary commercial energy requirements of the country.

CIL aims to increase coal production to 1 billion tonnes by 2028-29 to reduce dependence on imports and meet domestic demand.

Published on April 27, 2026