State-owned Coal India on Wednesday reported a 12.4% rise in its consolidated net profit in the March quarter at Rs 9,592.53 crore compared with Rs 8,530.39 crore in Q4FY24. On a sequential basis, the net profit increased by 12.9% from Rs 8,491.22 crore.
Revenue from operations declined marginally by 1% to Rs 37,824.54 crore against Rs 38,213.48 crore in the same period the previous fiscal. Total income surged by 3.2% on year to Rs 41,761.76 crore.
For the entire year 2024-25, the company’s net profit stood at Rs 35,302.10, down 5.5% from Rs 37,369.13 crore in FY24.
The board of directors has recommended payment of final dividend for FY25 at Rs 5.15 per share of face value of Rs 10, subject to approval of the members at the annual general meeting (AGM) of the company.
“This results in a total dividend of Rs 26.50 per share for FY25, representing 265% of the face value. The total dividend for FY25 is higher by Rs 1 per share (10% of face value) compared to dividend paid for previous year, FY24 of Rs 25.50 per share,” CIL said.
The state-run company produced 781.05 million tonne coal in FY25, up 1% from 773.65 million tonne in FY24. Offtake of coal also increased by 1% to 763.06 million tonne from 753.51 million tonne during FY24, the company said in the exchange filing. During Q4FY25, however, coal production reduced by 2% to 237.69 million tonne.
CIL incurred a capex of Rs 19,410.02 crore in FY25 compared to Rs 23,475.41 crore during the previous fiscal. During the fiscal, CIL contributed Rs 60,959.52 crore to the government exchequer compared to Rs 60,197.80 crore in FY24.
The company incorporated a new subsidiary, Coal Gas India, on March 25, marking its foray into the coal-to-chemical segment. The venture, a collaboration with GAIL (India) is set to establish a state-of-the-art coal-to-synthetic natural gas (SNG) plant in the ECL command area.
Moreover, Dugda coal washery, operated by BCCL, has become the first coal washery in India to be monetized, following the issuance of the Letter of Intent (LOI) on March 28, 2025—setting a benchmark for asset optimisation in the sector, the company said.
CIL also commissioned a 50 MW solar power plant at Nigahi, Northern Coalfields Limited, in November 2024 – its largest solar installation to date.
In a bid to enter the critical minerals sector, the company has emerged as the preferred bidder for the Khattali Chotti graphite block in Madhya Pradesh—India’s first-ever critical mineral asset to be awarded.