Coal India Q3 Results: Profit Falls 17%, But Meets Estimates
Coal India's revenue slipped 1% YoY to Rs 35,779.7 crore in Q3FY25, which was also in line with the estimates.
Coal India Ltd. posted a 17% decline in its profit for the third quarter of fiscal 2025, in line with analysts' estimates.
The state-run coal supplier reported a consolidated profit of Rs 8,506 crore for the October-December quarter, compared to Rs 10,253 crore in the same period last year, according to an exchange filing on Monday. This has largely met the consensus estimate of Rs 8,368 crore of the analysts tracked by Bloomberg.
The company's revenue from operations slipped marginally to Rs 35,779.74 crore, which was also in line with the consensus estimate of Rs 34,978.9 crore.
On the operating side, earnings before interest, tax, depreciation and amortisation declined 5% year-on-year to Rs 12,317 crore, but was higher than the forecast of Rs 11,407.8 crore. The margin contracted to 34.4% from 35.9%, while surpassing the estimate of 32.6%.
Coal India Q3 Results: Key Highlights (Consolidated, YoY)
Revenue down 1% at Rs 35,779.74 crore versus Rs 36,153.97 crore (Bloomberg estimate: Rs 34,978.9 crore).
Ebitda down 5% at Rs 12,317 crore versus Rs 12,971 crore (Bloomberg estimate: Rs 11,407.8 crore).
Ebitda margin at 34.4% versus 35.9% (Bloomberg estimate: 32.6%).
Net profit down 17% at Rs 8,506 crore versus Rs 10,253 crore (Bloomberg estimate: Rs 8,367.9 crore).
Dividend Declared
Coal India declared a second interim dividend of Rs 5.6 per share at a face value of Rs 10 for the financial year 2024-25.
The company has set Jan. 31 as the record date for the dividend, and the payment for the same will be made by Feb. 26, according to the exchange filing.
