Bharat Coking Coal (BHARATCOAL) Q3 25/26 earnings summary
Event summary combining transcript, slides, and related documents.
Q3 25/26 earnings summary
28 Oct, 2026Executive summary
Q3 FY26 revenue from operations was ₹2,782.80 crore and net loss was ₹22.88 crore; 9M revenue was ₹8,441.82 crore and net profit was ₹101.00 crore.
Raw coal production and offtake were lower in 9M FY26 than in 9M FY25.
Financial highlights
Q3 revenue from operations ₹2,782.80 crore vs ₹3,688.23 crore in Q3 FY25; 9M revenue ₹8,441.82 crore vs ₹10,534.42 crore.
Q3 total expenses ₹2,922.34 crore and loss before tax ₹69.10 crore; Q3 FY25 total expenses were ₹3,242.23 crore and PBT was ₹514.63 crore.
Q3 net loss ₹22.88 crore vs net profit ₹424.99 crore in Q3 FY25; 9M net profit ₹101.00 crore vs ₹1,173.69 crore.
9M PBT ₹130.24 crore vs ₹1,638.67 crore in 9M FY25.
Segment performance
Coal mining and related services comprise the operating business; no separate reportable segments.
9M raw coal production was 24.65 million tonnes vs 29.06 million tonnes; offtake was 25.83 million tonnes vs 28.38 million tonnes in 9M FY25.
Q3 raw coal production was 8.90 million tonnes vs 9.97 million tonnes; offtake was 8.78 million tonnes vs 9.76 million tonnes in Q3 FY25.
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.BHARATCOAL
Q4 24/25 - FY26 profit fell to ₹128.28 crore as washed-coal prices were reset for Q1 FY27.BHARATCOAL
Q4 25/26 - Q1 FY27 moved to a ₹68.09 crore net loss as coal production and offtake declined YoY.BHARATCOAL
Q1 26/27 - Q2 returned to profit as H1 earnings and coal production declined.BHARATCOAL
Q2 26/27