Published 18:51 IST, January 27th 2025
Coal India Q3 Profit Falls 17.4% to Rs 8,491 Crore Due to Decline in Sales
CIL’s total expenses also saw an increase, reaching Rs 26,201.55 crore in the quarter, up from Rs 25,132.87 crore in the previous year.

Coal India Ltd (CIL) has reported a 17.4% decline in its consolidated net profit for the October-December 2024 quarter, which stood at Rs 8,491.22 crore, down from Rs 10,291.71 crore during the same period last year. The drop in profits is primarily attributed to a reduction in sales.
For the third quarter of FY25, the company’s sales amounted to Rs 32,358.98 crore, slightly lower than Rs 33,011.11 crore in the corresponding quarter of the previous year.
CIL’s total expenses also saw an increase, reaching Rs 26,201.55 crore in the quarter, up from Rs 25,132.87 crore in the previous year.
However, the standalone performance of Coal India showed an improvement. The standalone profit for the period was Rs 9,646.26 crore, compared to Rs 9,316.40 crore during the same period in FY24. Standalone sales grew significantly, reaching Rs 51.45 crore from Rs 34.99 crore a year ago.
Dividend announced for shareholders
The company has also declared a second interim dividend of Rs 5.60 per share for its shareholders.
In terms of production, Coal India managed to increase its output to 543.36 million tonnes (MT) in the first nine months of FY25, up from 531.89 MT in the same period last year. CIL continues to dominate the domestic coal market, accounting for over 80% of the country’s total output.
Despite this, the company revised its production target for the current fiscal year to 806-810 million tonnes, down from the earlier estimate of 838 million tonnes. Production growth is expected to be around 4-5% in the final quarter, according to CIL Chairman PM Prasad, who highlighted that production had grown by 2.2% till December.
In FY24, Coal India recorded a significant production increase of 11%, producing 773.65 million tonnes compared to 696.39 million tonnes in FY23.
On the stock market front, CIL’s shares closed at Rs 375.40 on Monday, marking a 2.04% decline from the previous day.
(With PTI Inputs)
Updated 18:51 IST, January 27th 2025