Did Coal India Achieve a 12% Increase in Q4 Net Profit?

Synopsis
Key Takeaways
- Coal India recorded a 12% increase in net profit for Q4 FY 2024-25.
- Proposed dividend of Rs 5.15 per share is pending approval.
- Revenue from operations dipped 1% year-on-year.
- EBITDA rose 3.5% compared to last year.
- Raw coal production saw a 1.7% decline in Q4 FY 2024-25.
New Delhi, May 7 (NationPress) The state-owned Coal India announced a remarkable 12% increase in its consolidated net profit, reaching Rs 9,604 crore for the January-March quarter of the fiscal year 2024-25. This is a significant rise from the Rs 8,572 crore reported in the same quarter of the previous fiscal year.
The company's Board of Directors has proposed a final dividend of Rs 5.15 per share for the fiscal year 2024-25, pending approval at the upcoming Annual General Meeting. Shareholders can expect this dividend to be disbursed within 30 days after declaration.
However, the revenue from operations for the quarter dipped 1% year-over-year, totaling Rs 37,824.54 crore compared to Rs 38,213.48 crore in Q4FY24.
Despite this decline in revenue, the company’s margin improved to 31.2% in the January-March quarter, up from 29.8% in the same quarter last year.
For the complete fiscal year 2024-25, Coal India's consolidated profit amounts to ₹35,358.16 crore, with revenue from operations at Rs 1,43,368.92 crore.
The Maharatna PSU maintained its total expenses during the quarter at Rs 29,057.30 crore, which is relatively unchanged compared to Rs 28,950.41 crore from the same period in FY24.
Moreover, the company’s EBITDA saw an uptick of 3.5% year-on-year in the fourth quarter, reaching Rs 11,790 crore from Rs 11,387.6 crore, while the margin increased by 120 bps to 31.2% from 29.8% in the previous fiscal year.
Raw coal production for the quarter fell by 1.7% year-on-year, totaling 237.69 million tonnes, down from 241.75 million tonnes in Q4FY24.
The company’s total offtake in the fourth quarter of FY25 was 201.38 million tonnes, slightly down from 201.66 million tonnes in the same quarter last year.
For FY25, total raw coal production increased by nearly 1%, amounting to 781.05 million tonnes, up from 773.65 million tonnes, and offtake also saw a 1% rise to 761.71 million tonnes from 753.59 million tonnes.
The company’s earnings per share for Q4FY25 rose to Rs 15.58, up from Rs 13.91 in the same quarter of the prior year.
On Wednesday, the company’s share price settled at Rs 383.80, marking a 1.44% increase on the BSE.