Coal India Limited announced its Unaudited Financial Results for the Third Quarter and Nine Months ended December 31, 2025, alongside the declaration of the 3rd Interim Dividend for FY 2025-26. The Board declared a dividend of ₹5.50 per equity share. Shareholders are advised that dividend payments will be made exclusively via RBI approved electronic modes. The company also highlighted ongoing compliance matters regarding board composition and new labor codes.
Coal India Announces Q3 FY2025-26 Results
Coal India Limited has officially announced its Unaudited Financial Results for both standalone and consolidated operations for the Quarter ended December 31, 2025, and for the Nine Months ended December 31, 2025. These results were reviewed by the Audit Committee and subsequently taken on record by the Board of Directors in their meeting concluded at 18:30 Hrs on the announcement date.
Third Interim Dividend Declaration
The Board of Directors, during the meeting, inter alia, declared the 3rd Interim Dividend for the Financial Year 2025-26. The dividend stands at ₹5.50 per equity share (based on a face value of ₹10/-). The company has fixed Wednesday, February 18, 2026, as the official “Record Date” for determining shareholder eligibility. Payments for this dividend are scheduled to be completed on or before March 13, 2026.
Key Financial Highlights (Consolidated)
Reviewing the consolidated figures for the Nine Months ended December 31, 2025, the company reported:
- Total Income: ₹1,07,101.04 Crore.
- Profit Before Tax: ₹27,296.34 Crore.
- Profit for the Period/Year: ₹20,162.79 Crore.
- Total Comprehensive Income: ₹19,915.04 Crore.
- Basic/Diluted EPS: ₹32.87.
Shareholder Payment Mechanism Update
In compliance with recent regulatory changes, shareholders are hereby informed that CIL will be disbursing dividends solely through RBI approved electronic modes. Physical instruments like warrants or cheques will not be dispatched. All shareholders are strongly urged to update their KYC details in their demat accounts to ensure the direct online transfer of the dividend proceeds.
Auditor Review and Matters of Emphasis
The Statutory Auditors, Chaturvedi & Co LLP, issued a Limited Review Report on the consolidated results. The review noted several matters of emphasis, including:
- Accounting treatment related to the upgradation of executive pay scales, estimated at ₹2,201 Crore, approved following a Jabalpur High Court order.
- The ongoing accounting policy for stripping activity costs under Ind AS 16 Appendix B, which involves systematic reversal of provisions.
- The notification of four new Labour Codes by the Ministry of Labour and Employment, effective from November 21, 2025, though no material liability is currently envisaged.
Standalone Performance Snapshot (Nine Months Ended 31.12.2025)
The standalone financial results showed the following key performance indicators for the nine-month period:
- Total Income: ₹14,286.87 Crore.
- Profit Before Tax: ₹13,447.52 Crore.
- Profit for the Period/Year: ₹13,330.26 Crore.
- Basic/Diluted EPS: ₹21.63.
Corporate Governance Compliance Notes
The auditors highlighted that the Parent Company has not yet fulfilled the requirement to have at least half of its directors as independent directors, as mandated by Regulation 17(1).
Furthermore, in two subsidiaries (SECL and MCL), the requirement to appoint at least one woman director, as per the Companies Act, 2013, remains outstanding.
Entity Relationships
The results incorporate data from numerous subsidiaries, step-down subsidiaries, and joint ventures. Notably, the entities reviewed by other auditors (including 8 subsidiaries and 1 joint venture) reflect a significant portion of the total figures, while several other entities were excluded from consolidation due to non-submission or immateriality.
Source: BSE
