Salary Hike
Coal India ups salaries of executives up to mid-level; to cost INR 34 bln
This story was originally published at 21:43 IST on 2 February 2026
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--Coal India raises salaries of staff up to mid-level effective Jan 1, 2017
--Coal India to pay salary hike arrears from Aug 23, 2023
--Coal India salary hike impact INR 34 bln up to Dec 31, 2026
MUMBAI – Coal India Ltd. Monday said it has raised the salaries of executives up to the mid-level, notionally, from Jan. 1, 2027. The salary hike arrears are payable from Aug. 23, 2023, with an expected impact of INR 34 billion until Dec 31, 2026, the company said in an exchange filing.
Coal India reported a consolidated net profit of INR 43.54 billion for the quarter ended September on a revenue of INR 301.87 billion. Monday, shares of the company ended at INR 423.50 on the National Stock Exchange, up 0.9% from the previous close. End
Reported by Anshul Choudhary
Edited by Saji George Titus
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