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Informist, Monday, Jun. 1, 2026

--Coal India May provisional production 56.1 mln tn, down 11.6% on year 

--Coal India May provisional offtake 66.7 mln tn, up 2.2% on year 

--Coal India Apr-May provisional production 112.2 mln tn, down 10.6% on year 

--Coal India Apr-May provisional offtake 130.9 mln tn, up 0.9% on year 

KOLKATA – A sharp fall in production at Coal India Ltd.'s key subsidiaries led the Maharatna company to report a fall in output in May, although the harsh summer led to higher sales during the month on an annual basis.

Coal India's production in May fell 11.6% on year to 56.1 million tonnes, while sales increased 2.2% on year to 66.7 million tonnes. During Apr-May, total production declined 10.6% on year to 112.2 million tonnes, while sales increased 0.9% on year to 130.9 million tonnes. 

Production at its largest subsidiary, Mahanadi Coalfields Ltd., fell 20.1% on year to 14.3 million tonnes in May, but sales increased 5.6% on year to 18.8 million tonnes. The third-largest subsidiary, Northern Coalfields Ltd., registered a 23.7% decline in production at 9.5 million tonnes, and sales fell 8.4% on year to 10.8 million tonnes. 

However, South Eastern Coalfields Ltd., the second-largest subsidiary, which has large scale deposits of higher grade coal than Mahanadi Coalfields, registered better production and sales. Output at this subsidiary rose 4.5% on year to 14.4 million tonnes and sales increased 3.1% on year to 16.1 million tonnes.

Eastern Coalfields Ltd. – which has superior grades of coal compared to other subsidiaries, registered a 3.6% fall in output at 3.9 million tonnes, but sales improved 6.4% on year to 4.6 million tonnes. Usually, higher sales from Eastern Coalfields improve the average price realisation of Coal India because of the higher coal grade. 

Production at Central Coalfields Ltd. increased marginally by 0.4% on year in May to 6.2 million tonnes, but sales, or offtake as Coal India terms it, increased 17.3% on year to 7.9 million tonnes. 

However, Bharat Coking Coal Ltd., which was recently listed on bourses, posted dismal numbers. Production tanked 25.5% on year to 2.3 million tonnes and sales dipped 15.8% on year to 2.7 million tonnes. 

Coal India is currently laden with a huge stockpile of 113.5 million tonnes of coal at its mines. Such huge inventory usually limits Coal India's capacity to increase production, leads to falling coal prices at auctions, and increases chances of fire and other industrial hazards, especially during the summer. 

For the March quarter, Coal India reported a consolidated net profit of INR 108.39 billion on revenue of INR 464.90 billion. At 1248 IST, shares of the company traded at INR 472.70 on the National Stock Exchange, up over 3%.  End

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

Reported by Avishek Rakshit

Edited by Avishek Dutta

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