Coal India Q3FY26 Consolidated PAT Down 16% to ₹7,166 Cr on Lower Sales
Coal India's Q3 FY26 consolidated PAT fell 16% to ₹7,166 Cr, with revenue down 5% to ₹30,818 Cr. Nine-month PAT is ₹20,163 Cr (down 22%), revenue ₹89,608 Cr (down 3%). Key developments include securing a Rare Earth Element block and signing MoUs for power projects.
The announcement pertains to the financial results of a major public sector undertaking, Coal India Limited, which directly impacts investor sentiment, stock valuation, and the broader energy sector. The decline in profits and revenues is a material event.
The company reported a decline in both quarterly and nine-month consolidated Profit After Tax (PAT) and revenue from operations compared to the previous year, indicating a negative financial performance trend.
Coal India Limited has announced its unaudited financial results for the third quarter and nine months ended December 31, 2025. The company reported a consolidated Profit After Tax (PAT) of ₹7,166 crore for Q3 FY26, a decrease of 16% compared to ₹8,491 crore in the same quarter last year. For the nine-month period ended December 31, 2025, consolidated PAT stood at ₹20,163 crore, down 22% from ₹25,710 crore in the corresponding period of FY25.
Revenue from operations for Q3 FY26 declined by 5% to ₹30,818 crore from ₹32,359 crore in Q3 FY25. Similarly, for the nine-month period, revenue from operations decreased by 3% to ₹89,608 crore from ₹92,800 crore.
During the quarter, the company saw several strategic developments. It secured the Kawalapur REE Block in Maharashtra in January 2026, marking its entry into critical minerals. Coal India also received its first interim dividend of ₹404.37 crore from its joint venture company HURL for FY26. Additionally, a 50:50 joint venture agreement with DVC was signed to develop a 1,600 MW thermal power project at Chandrapura, Jharkhand. A Memorandum of Understanding (MoU) was also signed on May 5, 2025, with UPRVUNL for a 500 MW Solar Power project in Uttar Pradesh.
Physical performance for the nine months ended December 31, 2025, showed coal production at 529.19 million tonnes (MT), a 3% decrease from 543.36 MT in the previous year. Coal offtake was 529.19 MT, down 3% from 543.36 MT. Overburden (OB) removal stood at 1402.65 million cubic meters (M.CuM), a 3% decrease from 1443.05 M.CuM.
For Q3 FY26 specifically, coal production was 188.66 MT (down 2% from 194.53 MT), coal offtake was 200.05 MT (down 1% from 202.02 MT), and OB removal was 546.87 M.CuM (down 2% from 559.73 M.CuM).
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Coal India Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Coal India Limited. Read the original for the full detail.