Coal India Limited (CIL) shares fell 2.8% after reporting a 0.8% year-on-year (YoY) decline in coal production for February 2025. The state-owned miner produced 74.1 million tonnes (MT), down from 74.8 MT in February 2024. Meanwhile, coal offtake saw a 4.8% YoY drop, reaching 62.1 MT, compared to 65.3 MT last year.
Coal India’s Production & Offtake Performance
Among CIL’s subsidiaries, Northern Coalfields Ltd (NCL) and Mahanadi Coalfields Ltd (MCL) performed well, reporting 6.7% and 6.0% YoY growth, respectively. However, South Eastern Coalfields Ltd (SECL) and Western Coalfields Ltd (WCL) suffered significant declines of 9.2% and 8.0%, respectively.
On the offtake side, only NCL saw a positive growth of 1.4%, while all other subsidiaries witnessed a decline. SECL faced the highest drop of 8.4%, followed by CCL at 7.5%.
Coal India shares opened at ₹370.00, reaching a high of ₹371.00 and a low of ₹358.50. The stock remains close to its 52-week low of ₹349.25, far from its high of ₹543.55. As of 9:37 AM, the shares were trading 2.30% lower at ₹360.85.
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