Coal India Limited (CIL) has announced its financial results for the fourth quarter and the full financial year 2025-26. Despite operational challenges leading to a 2% decrease in annual coal production, the company reported Profit After Tax (PAT) of ₹31,071 crore for the year. The company also reached several strategic milestones, including the listing of subsidiaries BCCL and CMPDIL, significant expansion in renewable energy, and successful entry into the critical minerals sector.
Annual Financial Performance Overview
For the financial year 2025-26, Coal India Limited recorded a revenue from operations of ₹1,68,400 crore, reflecting a marginal dip of 0.5% compared to the previous fiscal year. The company’s annual Profit After Tax (PAT) stood at ₹31,071 crore, representing a 12% decline compared to FY 2024-25. This performance was impacted by various factors, including a 2% decline in both coal production and offtake, which stood at 768.19 MT and 744.88 MT, respectively.
Fourth Quarter Performance
In the final quarter (Q4 2025-26), CIL demonstrated strong momentum. The company achieved a Profit After Tax of ₹10,908 crore, marking a healthy 12% growth on a year-on-year basis. Revenue from operations for the quarter was reported at ₹46,490 crore, a 6% increase compared to the corresponding quarter of the previous year, supported by improved realizations and operational efficiencies.
Strategic Milestones and Growth Initiatives
CIL achieved several key strategic objectives during the fiscal year:
- Listing of Subsidiaries: The shares of subsidiary companies BCCL and CMPDIL were successfully listed on the BSE and NSE in January and March 2026, respectively.
- Renewable Energy Expansion: CIL commissioned a 100 MW solar power plant at Patan and incorporated a new renewable energy subsidiary, CIL Rajasthan Akshay Urja Limited.
- Critical Minerals Foray: The company entered the critical mineral segment by securing the Kawalapur Rare Earth Element (REE) Block in Maharashtra and signing an MoU with Hindustan Copper Ltd.
- Joint Ventures: A significant 50:50 JV agreement was signed with DVC to develop a 1,600 MW brownfield thermal power project in Chandrapura, Jharkhand.
Operational Highlights
While the overall annual production saw a slight decline, NCL and SECL stood out with production growth of 1% and 5%, respectively. The company also benefited from the elimination of the inverted tax structure, with the GST on coal increased to 18%, facilitating the utilization of accumulated Input Tax Credit (ITC) of ₹5,985 crore during the year. Furthermore, the company continued its focus on shareholder returns, declaring its maiden dividend from the HURL joint venture.
Source: BSE
