On April 27, 2025, Coal India Ltd made a significant announcement regarding its upcoming board meeting to unveil the financial results for the January to March quarter of the fiscal year 2024-25. The state-owned giant is set to disclose its fourth-quarter performance on May 7, 2025, according to a filing with the stock exchange. Investors and analysts alike are keenly awaiting this information to gauge the company’s financial health and outlook.
Board Meeting Details
The board meeting, scheduled for May 7, will focus on reviewing and approving the audited financial results for both standalone and consolidated accounts for the fourth quarter, along with the complete fiscal year ending on March 31, 2025. This review will take place after the Audit Committee has assessed the results.
- Key topics of discussion include:
- Approval of the audited financial results.
- Recommendations for any potential final dividends for the fiscal year.
Potential Dividend Announcement
In conjunction with the Q4 results, Coal India is expected to announce a final dividend for the financial year 2024-25. The board plans to recommend a specific payout per share, pending approval from shareholders during the next Annual General Meeting (AGM). This potential dividend is an important aspect for investors, as it reflects the company’s commitment to returning value to its shareholders.
Recap of Q3 Performance
Looking back at the previous quarter, Coal India reported a 17.5% decline in consolidated net profits, amounting to ₹8,491.22 crore for the October to December 2024 period, compared to ₹10,291.71 crore in the same quarter the prior year. Additionally, revenue from core operations fell by 2% year-on-year, totaling ₹32,358.98 crore.
- Highlights from Q3 include:
- Total raw coal production increased to 202.014 million tonnes, up from 198.994 million tonnes in the same quarter last year.
- A decline in net profits raises questions about operational efficiency and market conditions.
Coal India’s Stock Performance
As of the latest trading session, Coal India shares closed at ₹392.70, marking a 1.78% decrease from the previous close of ₹399.80. Despite a robust performance over the past five years, where the stock yielded over 160% returns, it has faced challenges recently, losing 13.35% over the past year.
- Year-to-date performance:
- 1.6% increase in the last month.
- Achieved a 52-week high of ₹544.70 on August 16, 2024.
- Reached a 52-week low of ₹349.20 on February 17, 2025.
With a market capitalization surpassing ₹2.42 lakh crore, Coal India continues to be a pivotal player in the mining sector. As stakeholders await the outcome of the May 7 meeting, the focus will be on how the company navigates market challenges while maintaining its profitability.
For further updates on Coal India’s fourth-quarter results, stay tuned to our dedicated news section.
