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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability Juno Joule Bio Fuels begins construction of compressed bio-gas project in Telangana Mcap of 8 of top-10 most valued firms jumps ₹4.13 lakh cr; HDFC, ICICI Bank top gainers Coal India absorbs cost surge to shield consumers from price spike Shell steps up LNG supplies to India, wins major fertiliser tenders after Gulf disruptions Luxury carmakers hope West Asia ceasefire will lift consumer sentiment Pharma and healthcare companies to face continued margin pressure: HDFC Securities Maruti Suzuki to launch 4 EVs by 2031 India Inc flags surge in cost of packaging raw material, seeks relief measures Orbicular gets USFDA’s tentative nod for generic Semaglutide Injection in partnership with Apotex Reliance seeks government approval to buy Iranian crude oil IPL 2026: Ad volume witness marginal dip in first 13 matches West Asia Crisis: Induction cooking may consume 13-27 GW power Tractor sales cross 10 lakh mark in FY26 on strong rural demand, GST cut India to continue buying Russian crude oil India comfortable on crude and LPG supply on diversified sourcing, says IOC chairman Vingroup plans 60,000 EV fleet as part of $6.5 billion Maharashtra push TVS Srichakra assumes US sponsorship rights to boost global brand visibility Vedanta Aluminium signs pact with two downstream companies Shapoorji Pallonji group reiterates call for public listing of Tata Sons THINK Gas launches GIS platform for instant PNG availability check, faster connections Swiggy co-founder Nandan Reddy to exit; 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IT stocks bleed as broader market rallies India's Jio-BP does not plan to raise fuel prices, CEO says Nykaa opens luxury Charlotte Tilbury flagship boutique in India Om Power Transmission IPO subscribed 46% on day 2 morning Crude surge, geopolitical tensions weigh on IT; financials, paints outperform RBI moots delay and kill switch feature to combat rising online frauds Reliance caps fuel sales at $11 per pump amid growing shortages Sanjay Khanna appointed BPCL CMD Milky Mist beats FY26 targets, IPO on track, says CEO Ola Electric hits upper circuit, closes 20% higher Eli Lilly’s Mounjaro loses ground to less-expensive semaglutide generics & innovator Novo Nordisk’s products Freshworks appoints Kuntal Vahalia Senior Vice President, Partnership Channel HRS Aluglaze bags ₹27-crore order Capri Global Capital to raise ₹500 crore through debenture issue Brand Concepts bets on premium push with Off-White entry, eyes metro expansion Skoda VW eyes 5% india market share; Taigun facelift unveiled Systematix Private Wealth aims ₹40,000-crore AUM in five years Blockchain For Impact launches $50-m innovation platform for medtech ecosystem TCS Q4 Results Highlights: IT bellwether Q4 PAT up 12% y-o-y; FY26 profit sees marginal growth ABD Maestro launches ZOYA Pink Mix Berries Gin at ₹2,500 in Maharashtra Anand Rathi Wealth Q4 profit jumps 41%; board announces bonus issue, dividend Hilton ties up with Royal Orchid Hotels to add 125 hotels Aimtron Electronics bags ₹57.66 crore IIoT and AI surveillance orders Granules India to tighten oversight after US FDA warning, exec says Wow! Momo Foods to add 200 outlets; eyes ₹1,200 cr revenue in FY27 Adani Green Energy's arm inks pact with UAE’s Minerva to develop renewable energy projects in India Mercedes to hike prices again; luxury market splits with BMW US market to dent India pharma earnings even as domestic growth remains firm: Report Uniqlo owner Fast Retailing books 29.4% rise in Q2 profit, raises forecast Adani shares slide lower after rally on fresh SEC case developments ASK Property Fund exits two realty investments for ₹400 crore Tata Trusts trustee Vijay Singh earned ₹20 cr in fees, commission from Tata firms Japanese global cosmetic brand KOSE shares strategy with special attention to India Glenmark gets USFDA nod for generic progesterone vaginal inserts NCLAT upholds NCLT order on distribution of funds from a resolution plan Premier Energies bags orders worth ₹2,577 cr in Q4 FY26 JBM Auto to raise $500 Mn as 10,000-bus order book surges
Coal India Q4 profit rises 11% to Rs 10,839 crore, annual profit declines
2026-04-28 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
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.

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