Coal India Declares Interim Dividend Post Q1 Results — Check Record Date, Other Details
Coal India posted a 20% decline in its net profit for the first quarter of fiscal 2026 at Rs 8,743.38 crore.
Coal India Ltd. declared its first interim dividend of Rs 5.5 per equity share with value of Rs 10 for the fiscal on Thursday.
The record date is to be Aug. 6, when it will determine the eligible shareholders for the dividend. Payment of the dividend will be made by Aug 30, according to an exchange filing.
The company is likely to disburse a total of Rs 3,390 crore in dividend payout, according to the number of shares reported in its June shareholding data from the BSE.
Coal India Ltd. posted a 20% decline in its net profit for the first quarter of fiscal 2026 at Rs 8,743.38 crore. Revenue fell 4.4% year-on-year to Rs 35,842.19 crore.
The stock settled 0.93% lower at Rs 376.35 apiece on the NSE, compared to a 0.35% decline in the benchmark Nifty. Coal India's shares have fallen 27.53% in the last 12 months and risen 2.03% year-to-date.
Out of the 25 analysts tracking the company, 17 maintain a 'buy' rating, four recommend a 'hold' and as many suggest 'sell', according to Bloomberg data. The average 12-month consensus price target of Rs 424.27 implies an upside of 12.7%.
