Coal India (COALINDIA) Q1 25/26 earnings summary

Executive summary

• Revenue from operations declined 4% year-over-year to ₹31,880 crore in Q1 FY26, with consolidated revenue at ₹35,842.19 crore and total income at ₹37,458.05 crore.

• Net profit for the quarter dropped 20% year-over-year to ₹8,734 crore.

• EBITDA margin on net sales improved to 47% from 41% year-over-year.

• The Board declared an interim dividend of ₹5.50 per equity share for FY26, with a record date of August 6, 2025.

• Major events included MoUs for copper, critical minerals, and solar power, and the launch of a new mine and renewable energy subsidiary.

Financial highlights

• Total income decreased 5% year-over-year to ₹37,458 crore.

• EBITDA for Q1 FY26 was ₹11,564.93 crore, compared to ₹14,061.81 crore in Q1 FY25.

• EPS for the quarter was ₹14.19, down from ₹17.78 year-over-year.

• Net worth increased 8% to ₹107,508 crore as of June 30, 2025.

• Expenditure rose 2% to ₹25,893 crore, with finance costs up 27% and depreciation/amortization up 18%.

Outlook and guidance

• Expansion into copper, critical minerals, and renewable energy sectors through new partnerships and subsidiaries.

• Accumulated input tax credit under GST remains unutilized due to inverted duty structure, with potential for future utilization if tax structure changes.