Coal India has announced its financial results for Q2 FY25, showing a decline in key metrics. The company posted a consolidated net profit of ₹6,275 crore, a significant 22% drop compared to the same period last year.
Coal India reported its Q2 FY25 results, showing a decline in revenue and net profit:
- Revenue from Operations: Coal India generated ₹30,672.88 crore in revenue, down 6% year-on-year compared to ₹32,759.14 crore in Q2 FY24.
- Net Profit: The company posted a net profit of ₹6,274.80 crore for the quarter, a decline of 22% compared to ₹8,048.64 crore in Q2 FY24.
- EBITDA: Coal India’s EBITDA for Q2 FY25 stood at ₹8,617 crore, compared to ₹10,043 crore in the same period last year, representing a 14% YoY decline.
- EBITDA Margin: The company achieved an EBITDA margin of 28.1%, which is 250 basis points higher than the previous year.
Despite the revenue dip and profitability pressure, Coal India declared a dividend of ₹15.75 per share. The company has been navigating through challenges such as fluctuating coal demand and pricing pressures.