Kolkata, April 27, 2026: Coal India Limited (CIL), the world’s largest coal producer and a Maharatna public sector enterprise, has announced its audited consolidated financial results for the quarter and full year ended March 31, 2026, reporting steady quarterly growth and a substantial shareholder payout.
The company posted a 11% year-over-year (YoY) increase in Q4 FY26 net profit to ₹10,908 crore, compared to ₹9,740 crore in the same quarter last year. The Board approved the results during a meeting held from 3:00 PM to 8:00 PM.
Q4 FY26 Financial Highlights (Consolidated)
- Net Profit: ₹10,908 crore (↑ 11%)
- Revenue from Operations: ₹46,490 crore (↑ 5.7%)
- Profit Before Tax (PBT): ₹14,627 crore (↑ 12%)
- Earnings Per Share (EPS): ₹17.59 (vs ₹15.82 in Q4 FY25)
Full-Year FY26 Performance
Despite strong quarterly growth, full-year performance showed some moderation:
- Net Profit: ₹31,071 crore (↓ 12% from ₹35,450 crore in FY25)
- Revenue: ₹1,68,400 crore (↓ 0.5%)
- EPS: ₹50.46 (vs ₹57.61 in FY25)
Dividend Announcement
The Board has recommended a final dividend of ₹5.25 per share, taking the total dividend for FY26 to ₹26.50 per share, including interim payouts.
Breakdown of FY26 Dividends:
- 1st Interim: ₹5.50 (July 2025)
- 2nd Interim: ₹10.25 (October 2025)
- 3rd Interim: ₹5.50 (February 2026)
- Final (Proposed): ₹5.25 (April 2026)
The final dividend is subject to shareholder approval at the upcoming AGM.
Strategic Developments in FY26
Subsidiary Listings
CIL advanced its capital market strategy by listing two subsidiaries:
- Bharat Coking Coal Limited (BCCL): Listed on January 19, 2026, with 10% stake divested; CIL retains 90%
- Central Mine Planning & Design Institute (CMPDI): Listed on March 30, 2026, with 15% stake divested; CIL retains 85%
Both entities continue as subsidiaries post-listing.
Pay Scale Revision Impact
Following an order by the High Court of Jabalpur dated January 7, 2026, the company approved pay scale upgrades for executives, effective August 23, 2023.
- Provision Recognized: ₹1,458 crore
- Implementation: From January 1, 2026
Accounting and Provisions
CIL continues to follow Ind AS 16 guidelines for stripping cost accounting.
- Stripping Provision Balance (as of March 31, 2026): ₹56,504 crore
Audit Observations
The statutory auditor, Chaturvedi & Co LLP, issued an unmodified opinion with certain emphasis points, including:
- Retrospective restatement of coal levies
- Stripping cost accounting practices
- Pay scale provision adjustments
- Shortfall in independent directors on the Board
Dividend Payment and AGM Details
In line with updated SEBI norms, dividends will be paid only through electronic modes approved by the Reserve Bank of India.
- AGM Date: June 25, 2026
- Mode: Virtual (Video Conferencing / Audio-Visual Means)
- Shareholders are advised to update KYC details for seamless payments
About Coal India
Coal India Limited operates through eight subsidiaries and multiple joint ventures and remains central to India’s energy security, supplying coal to power plants and key industries nationwide.
Overall, Coal India Limited delivered solid quarterly growth and maintained strong shareholder returns, even as full-year profitability moderated due to cost pressures and structural adjustments.
