Coal India Limited reported its financial results for the third quarter of FY25, reflecting a decline in both revenue and profitability. The consolidated revenue from operations stood at ₹32,358.98 crore, down 2.0% compared to ₹33,011.11 crore in the same quarter last year. Net profit for the period was ₹8,491.22 crore, marking a 17.5% decline from ₹10,291.71 crore in Q3 FY24.
The decline in profit highlights the challenges faced by the company in maintaining margins amidst fluctuating demand and costs. Despite the drop in profitability, Coal India has declared a second interim dividend of ₹5.60 per equity share for FY25. The record date for the dividend has been set as January 31, 2025, with payment scheduled by February 26, 2025.
While the results indicate some headwinds, Coal India remains focused on optimizing its operations to navigate the current challenges and maintain shareholder value.
