Coal India Q2 profit jumps 53% to ₹6,516 crore; declares ₹10.25 interim dividend
Synopsis
Coal India's Q2 FY27 profit nearly doubled investor expectations with a 53% jump to ₹6,516 crore, but the real story is the operating gap — EBITDA margins improved only modestly to 19.2%, missing analyst targets even as revenue surged 20.9%. The ₹10.25 interim dividend signals confidence, but cost pressures could define the second half of FY27.
Key Takeaways
Coal India Limited reported a 53% YoY rise in consolidated net profit to ₹6,516 crore in Q2 FY27 (July–September 2026).
Revenue from operations grew 20.9% YoY to ₹44,179 crore .
EBITDA rose 28.9% YoY to ₹8,499 crore ; EBITDA margin improved to 19.2% from 18% .
Board declared a second interim dividend of ₹10.25 per share for FY27; record date is 4 November 2026 .
Dividend to be paid on or before 27 November 2026 via electronic modes only — no physical warrants or cheques.
Operating profitability and margins reportedly missed analyst expectations despite strong top-line growth.
Coal India Limited (CIL), the state-owned coal mining giant, on Thursday, 29 October 2026, reported a 53% year-on-year surge in consolidated net profit for the second quarter of FY27 (July–September 2026), driven by robust revenue growth. The company's board also approved a second interim dividend of ₹10.25 per share for the current financial year.
Q2 FY27 Financial Highlights
CIL's consolidated net profit climbed to ₹6,516 crore in Q2 FY27, up sharply from ₹4,259 crore in the corresponding quarter of FY26, according to its stock exchange filing. Revenue from operations rose 20.9% year-on-year to ₹44,179 crore, compared with ₹36,553 crore a year earlier.
At the operating level, earnings before interest, taxes, depreciation and amortisation (EBITDA) grew 28.9% year-on-year to ₹8,499 crore from ₹6,593 crore in the year-ago period. The EBITDA margin improved to 19.2% from 18% in the same quarter last year.
Interim Dividend Details
Coal India's board approved an interim dividend of ₹10.25 per equity share for FY27, on shares carrying a face value of ₹10 each. The company has fixed 4 November 2026 as the record date for determining shareholder eligibility, with the dividend to be paid on or before 27 November 2026.
Dividends will be disbursed exclusively through electronic modes approved by the Reserve Bank of India (RBI). No physical dividend warrants, cheques, or demand drafts will be issued. The company has advised shareholders to update their know-your-customer (KYC) details with their depository participants to ensure seamless direct credit of payments.
Mixed Picture on Operating Profitability
While the headline profit and revenue numbers reflect strong double-digit growth, operating earnings and margins reportedly missed analyst expectations for the quarter. The gap between revenue expansion and operating profitability is expected to remain a focal point for investors scrutinising CIL's cost structure in the quarters ahead.
Notably, this performance comes against the backdrop of sustained domestic coal demand, with India's power sector continuing to lean heavily on thermal coal even as the country expands its renewable energy capacity.
What to Watch Next
Investors and analysts will closely monitor Coal India's cost trajectory, particularly around employee costs and fuel expenses, which have historically weighed on EBITDA margins. Any further guidance on volume targets and pricing for the second half of FY27 will be key to assessing the earnings outlook for India's largest coal producer.
Point of View
But the detail that matters is the EBITDA margin at 19.2% — an improvement, yet reportedly below what the Street had pencilled in. For a near-monopoly with captive demand from India's thermal power sector, margin underperformance points to rising input and employee costs that volume growth alone cannot offset. The ₹10.25 interim dividend is a signal to retail investors, but institutional analysts will be watching whether cost rationalisation materialises in Q3. With India's energy transition accelerating, Coal India's long-term earnings runway is also a live question that quarterly beats cannot fully answer.
NationPress
31 Oct 2026
Frequently Asked Questions
What is Coal India's net profit for Q2 FY27?
Coal India reported a consolidated net profit of ₹6,516 crore in Q2 FY27 (July–September 2026), a 53% increase compared to ₹4,259 crore in the same quarter last year.
What is the Coal India interim dividend for FY27 and when will it be paid?
Coal India's board has declared a second interim dividend of ₹10.25 per equity share for FY27, on shares with a face value of ₹10. The record date is 4 November 2026 and the dividend will be paid on or before 27 November 2026.
How did Coal India's revenue perform in Q2 FY27?
Revenue from operations grew 20.9% year-on-year to ₹44,179 crore in Q2 FY27, up from ₹36,553 crore in the corresponding quarter of FY26, reflecting strong demand from the domestic power sector.
Did Coal India meet analyst expectations in Q2 FY27?
Coal India's Q2 FY27 results were mixed — while net profit and revenue showed strong double-digit growth, operating earnings and EBITDA margins reportedly missed analyst expectations. The gap between revenue growth and operating profitability is expected to remain a key area of investor scrutiny.
How will Coal India's dividend be paid to shareholders?
The dividend will be disbursed exclusively through electronic modes approved by the Reserve Bank of India. No physical dividend warrants, cheques, or demand drafts will be issued. Shareholders have been advised to update their KYC details with their depository participants to ensure direct credit.
