ADVERTISEMENT
Coal India Production Targets: A Tall Order
Analysts expect Coal India to not only miss its FY25 production guidance, but also push its one billion tonne target beyond FY27.
15 Jan 2025, 04:11 PM IST 
JM Financial believes that Coal India can only hit its one billion tonne production target by fiscal 2030, and not by fiscal 2027.
File image of a Coal India mining site. (Source: Company website)
Coal India Ltd. currently has an ambitious production target of one billion tonne by fiscal 2027. The company has also guided for 838 million tonne of production in fiscal 2025.While the company's production has grown at a much higher rate compared to its historical average in the last two years, analysts believe that India's largest coal miner might have set the bar too high.
