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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Bharat Coking Coal
Bharat Coking Coal (BHARATCOAL) investor relations material
Bharat Coking Coal Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary25 Oct, 2026
Executive summary
H1 operating revenue rose 16.06% to ₹7,999.85 crore, while PAT fell to ₹55.65 crore from ₹123.88 crore; H1 production declined 12.51% to 13.78 MT.
Q2 returned to profit, with operating revenue of ₹4,412.58 crore and PAT of ₹123.74 crore versus a year-ago loss of ₹52.99 crore.
Financial highlights
H1 total income rose 9.93% to ₹8,294.39 crore; PBT fell 58.51% to ₹82.71 crore and EBITDA was ₹430.37 crore versus ₹459.93 crore.
Q2 total income was ₹4,571.15 crore versus ₹3,643.54 crore; PBT was ₹185.78 crore versus a ₹48.06 crore loss, and EBITDA was ₹358.87 crore versus ₹86.65 crore.
H1 sales per tonne rose to ₹3,505.57 from ₹3,121.09, while cost per tonne increased to ₹3,456.17 from ₹3,002.82.
Q2 total comprehensive income was ₹85.14 crore; H1 total comprehensive income was ₹44.45 crore versus ₹45.01 crore.
Segment performance
Coal mining and related services constitute the sole business; no separate reportable segments.
Q2 raw coal production was 7.22 MT versus 6.71 MT YoY; raw coal offtake was 8.89 MT versus 8.11 MT.
H1 production was 13.78 MT versus 15.75 MT, and offtake was 16.61 MT versus 17.05 MT.
H1 washeries recorded ₹501.94 crore profit versus ₹141.86 crore; Q2 recorded ₹235.51 crore profit versus a ₹2.12 crore loss, excluding non-operating sites.
H1 washed coal sales were 0.81 MT, with ₹1,014.41 crore net sales and ₹12,509.54 per-tonne realization; Q2 realization was ₹12,680.84 per tonne.
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Latest events from Bharat Coking Coal
- Record coal output and a profit turnaround set the pace, with land and project constraints still material.BHARATCOAL
Q4 23/24 - Profit remained strong, but lower output and higher costs pressured FY25 earnings as expansion accelerated.BHARATCOALQ4 24/25
- FY26 profit fell to ₹128.28 crore as washed-coal prices were reset for Q1 FY27.BHARATCOALQ4 25/26
- 9M profit fell sharply as coal volumes declined; 10% of equity was listed in January 2026.BHARATCOALQ3 25/26
- Q1 FY27 moved to a ₹68.09 crore net loss as coal production and offtake declined YoY.BHARATCOALQ1 26/27
Next Bharat Coking Coal earnings date
Q3 26/272 Feb, 2027
Bharat Coking Coal
Next Bharat Coking Coal earnings date
Q3 26/272 Feb, 2027
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