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Informist, Monday, Dec. 1, 2025

--Coal India Nov provisional production 68 mln tn, up 1.2% on year

--Coal India Nov provisional offtake 62.7 mln tn, down 0.3% on year

--Coal India Apr-Nov provisional production 453.5 mln tn, down 3.7% on year

--Coal India Apr-Nov provisional offtake 478.9 mln tn, down 2% on year

KOLKATA - Coal India Ltd. Monday reported weak performance during November amid tepid coal demand but was able to reverse the sharp fall in production and sales growth it saw in October.

The world's largest coal producer's sales volume fell marginally by 0.3% on year to 62.7 million tonnes as its largest and second-largest subsidiary held the fort when other major subsidiaries posted a decline in sales. Production, however, increased 1.2% to 68.0 million tonnes as the miner faces substantial inventory burden making it incapable of increasing production substantially.

In October, the Maharatna company reported a near 6% on-year decline in sales at 58.3 million tonnes and nearly 10% decline in production at 56.4 million tonnes.

A regulatory filing submitted by the Maharatna company to bourses showed that its second-largest subsidiary, South Eastern Coalfields Ltd., which was hit by production and sales related issues at some of its key mines, reported a 14.3% sales growth to 15.6 million tonnes and a production growth of 18.6% to 15.8 million tonnes. Incidentally, this subsidiary posted the highest sales and production growth among the company's eight coal producing subsidiaries.

Mahanadi Coalfields Ltd., the largest subsidiary, reported a 2.1% sales growth to 17.9 million tonnes and production growth of 5.4% to 20.5 million tonnes. Northern Coalfields Ltd. which largely caters to the thermal energy requirements of north India, reported weak performance as sales fell 7.3% on year to 11.3 million tonnes and production declined by 6.8% to 11.9 million tonnes.

Eastern Coalfields Ltd., which specialises in mining higher grade and higher valued coal among all the subsidiaries, saw sales falling 16.6% to 3.4 million tonne and production falling 5.7% to 4.3 million tonne. Bharat Coking Coal Ltd., which also specialises in higher grade on coal mining, reported an 11.7% decline in sales to 2.9 million tonne and a 13.9% fall in production to 2.9 million tonne.

While coal production and demand usually taper off during the monsoons, it picks up pace during the winters.

Having registered sharper sales and production declines in the past in the current financial year, Coal India's cumulative sales during Apr-Nov declined 2% on year to 478.9 million tonnes and production fell 3.7% on year to 453.5 million tonnes.

During the quarter ended September, Coal India reported over 31% decline in its consolidated net profit to INR 43.5 billion. The consolidated revenue fell 3.2% to INR 301.9 billion. Monday, shares of Coal India closed 0.9% higher at INR 379.65 on the National Stock Exchange. End

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

Reported by Avishek Rakshit

Edited by Akul Nishant Akhoury

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