Shares of Coal India Ltd fell sharply on Wednesday, October 29, slipping nearly 5% from the day’s high after the state-run coal producer reported a steep decline in its Q2 FY26 financial results.
At 1:53 PM, Coal India’s stock was trading 2.11% lower at Rs 383.15 on the NSE, down Rs 8.25 from the previous close of Rs 391.40. The stock touched an intraday low of Rs 382.20 and a high of Rs 399.30, marking a volatile session.
The company’s market capitalization stood at Rs 2.36 trillion, with an average trading volume of 4.71 million shares.
Earnings highlights
Coal India reported a 32.1% year-on-year (YoY) decline in its consolidated net profit to Rs 4,262.64 crore for the quarter ended September 30, 2025, compared to Rs 6,274.80 crore in the same quarter last year.
Revenue from operations also fell 4.7% YoY to Rs 30,186.70 crore, down from Rs 31,811.89 crore in Q2 FY25. Including other income, the total income for the quarter stood at Rs 32,327.16 crore, a marginal decline of 1.1% YoY.
For the half-year ended September 2025, the company’s net profit dropped 24.5% YoY to Rs 12,996.81 crore, while revenue from operations slipped 3.3% to Rs 66,028.89 crore.
Market context
The earnings miss triggered profit booking among investors, dragging the stock lower in afternoon trade. Despite Coal India’s strong dividend yield of 6.9%, analysts remain cautious about the company’s near-term performance amid softening demand and pricing pressure in the energy sector.
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