Coal India (COALINDIA) Q1 24/25 earnings summary

Executive summary

• Achieved significant operational milestones, including the start of a 10 MTPA non-coking coal washery and incorporation of a new coal gasification subsidiary.

• Recognized for CSR contributions and selected as preferred bidder for a critical mineral asset in Madhya Pradesh.

• Consolidated revenue from operations for Q1 FY25 rose to ₹37,410.39 crore, up from ₹36,464.61 crore in Q1 FY24.

• Consolidated net profit for Q1 FY25 stood at ₹10,943.55 crore, compared to ₹10,498.39 crore in Q1 FY24.

• Standalone net profit for Q1 FY25 was ₹87.46 crore, versus ₹918.02 crore in Q1 FY24, reflecting a significant decline.

Financial highlights

• Revenue from operations rose 1% year-over-year to ₹36,464.61 crore in Q1 FY24-25.

• Net sales were ₹33,170.13 crore, up 0.29% year-over-year.

• Profit before tax increased 6% to ₹14,147.21 crore; profit after tax grew 4% to ₹10,943.55 crore.

• Consolidated EBITDA for Q1 FY25 was ₹14,061.81 crore, compared to ₹13,408.21 crore in Q4 FY24.

• Earnings per share (EPS) for Q1 FY25 was ₹17.78 (consolidated), up from ₹17.08 in Q1 FY24.

Outlook and guidance

• Marching towards 1 billion tonne coal production, with ongoing capacity expansions and new business ventures.

• Management confirmed no material misstatements and compliance with accounting standards.