State-owned Coal India Limited (CIL) has announced a noteworthy 12.4% increase in its consolidated net profit for the March quarter of FY25, reaching ₹9,592.53 crore. This reflects a significant rise from ₹8,530.39 crore recorded in the same period last year. On a sequential basis, profit growth is even more impressive, with a 12.9% increase from ₹8,491.22 crore in the previous quarter.
Revenue Insights
Despite the profit surge, CIL faced a slight dip in revenue from operations, which fell by 1% to ₹37,824.54 crore compared to ₹38,213.48 crore in the corresponding quarter of the previous fiscal year. However, total income saw a positive trend, increasing by 3.2% year-on-year, reaching ₹41,761.76 crore.
For the entire fiscal year 2024-25, the company’s net profit totaled ₹35,302.10 crore, marking a 5.5% decline from ₹37,369.13 crore in FY24.
Dividend Declaration
The board has proposed a final dividend of ₹5.15 per share for FY25, pending approval at the upcoming annual general meeting. This brings the total dividend for the year to ₹26.50 per share, which is 10% higher than the previous year’s dividend of ₹25.50.
Production and Sales Performance
In FY25, CIL reported coal production of 781.05 million tonnes, a 1% increase from 773.65 million tonnes in FY24. Coal offtake also rose by 1%, reaching 763.06 million tonnes, up from 753.51 million tonnes in the previous year. However, during the fourth quarter, coal production saw a 2% decline, settling at 237.69 million tonnes.
Capital Expenditure and Contributions
CIL’s capital expenditure for FY25 was ₹19,410.02 crore, a decrease from ₹23,475.41 crore in FY24. Notably, the company contributed ₹60,959.52 crore to the government exchequer, slightly up from ₹60,197.80 crore in FY24.
New Ventures and Innovations
A significant development for CIL was the establishment of a new subsidiary, Coal Gas India, on March 25, 2025. This venture, in collaboration with GAIL (India), aims to develop a cutting-edge coal-to-synthetic natural gas (SNG) facility in the Eastern Coalfields Limited (ECL) area.
Additionally, the Dugda coal washery, operated by Bharat Coking Coal Limited (BCCL), made history as the first coal washery in India to be monetized following the issuance of a Letter of Intent (LOI) on March 28, 2025. This achievement sets a new standard for asset optimization within the industry.
CIL also expanded its renewable energy portfolio by commissioning a 50 MW solar power plant at Nigahi, part of Northern Coalfields Limited, in November 2024—the largest solar installation in its history.
In a strategic move to diversify, CIL has also become the preferred bidder for the Khattali Chotti graphite block in Madhya Pradesh, marking India’s first award of a critical mineral asset.
Conclusion
Coal India’s robust financial results and strategic initiatives reflect its commitment to growth and sustainability in the energy sector. The company’s ventures into clean energy and critical minerals demonstrate a forward-thinking approach poised to shape its future trajectory.
