Coal India Q3 Results: Date, Dividend News, Share Price History And More
The company in a separate stock exchange notification also said that it may declare its second interim dividend of FY25, with the record date being fixed as Jan. 31.
Coal India Q3 Results: State-owned coal mining company Coal India Ltd. has announced the date for declaring its financial results for the quarter ended Dec. 31, 2024. In a stock exchange filing, Coal India said that it will declare its Q3 results next week.
With a market capitalisation of over Rs 2.37 lakh crore, Coal India is the largest government-owned coal producer in the world. The public sector undertaking (PSU) controlled by the Ministry of Coal, accounts for nearly 82% of the total coal production in India.
Here is everything you need to know about Coal India Q3 results.
Coal India Q3 Results: Date And Time
Coal India said in a stock exchange filing that its board of directors will meet to approve the financial results of the October-December quarter on Monday, Jan. 27.
"Notice is hereby given that a meeting of Board of Directors of the company will be held on Monday, the 27th January 2025, interalia to consider, approve and take on record Un-Audited Financial Results of the Company (Standalone & Consolidated) for the 3rd quarter ended 31st December 2024 after the results are reviewed by the Audit Committee of the Board," the company said in its stock exchange filing.
Coal India Q3 Interim Dividend
The company in a separate stock exchange notification also said that it may declare its second interim dividend of FY25, with the record date being fixed as Jan. 31.
"Notice is also given that Board of Directors of the company may also, inter alia, consider and declare payment of 2nd Interim Dividend for FY 2024-25, if any. The Company has fixed 31st January 2025 as the "Record Date" for the purpose of payment of 2nd Interim Dividend on Equity Shares for Financial Year 2024-25, if declared by the Board instead of 27th Jan. 2025."
On Oct. 25, 2024, Coal India declared its first interim dividend of Rs 15.75 per share, with a face value of Rs 10, for FY25.
Coal India Share Price History
Shares of Coal India Ltd. have remained flat in the last five sessions on the NSE. Over the last month, they have risen 0.82% while in the past year, the stock has moved up by 2.88%.
On Thursday, shares of Coal India gained 1.86% while the NSE Nifty 50 ended 50 points or 0.22% higher at 23,205.3.
Coal India Q2 Results
Coal India Ltd. reported a 6.42% decline in consolidated revenue year-on-year (YoY) for Q2 to Rs 30,672 crore, compared to Rs 32,776 crore in the year-ago period. Net profit also dropped by 22.03% YoY to Rs 6,275 crore against Rs 8,048 crore in the corresponding period of the preceding fiscal.
The company’s Ebitda decreased by 14.16% YoY to Rs 8,615 crore from Rs 10,037 crore, while the EBITDA margin dropped by 253 basis points to 28.08% from 30.62%.
