Board Meeting Details

The 448th meeting of the Board of Directors was held on October 25, 2026, commencing at 12:00 Hrs and concluding at 12:45 Hrs. The financial results were reviewed by the Audit Committee and approved by the Board.

Financial Results - Quarter Ended September 30, 2026

Income Statement (₹ in Crore)

  • Total Income: ₹4,412.58 (compared to ₹3,587.27 in Q1 and ₹3,173.25 in Q2 previous year)
  • Other Income: ₹158.57
  • Total Revenue: ₹4,571.15

Expenses (₹ in Crore)

  • Changes in Inventories: ₹232.55
  • Employee Benefits Expense: ₹1,621.30
  • Finance Costs: ₹48.74
  • Depreciation/Amortization/Impairment: ₹124.35
  • Stripping Activity Adjustment: ₹(379.74) credit
  • Contractual Expense: ₹1,175.77
  • Other Expenses: ₹1,369.82
  • Total Expenses: ₹4,385.37

Profitability

  • Profit before tax: ₹185.78
  • Tax Expenses: ₹62.04 (Deferred Tax)
  • Profit for the period: ₹123.74
  • Other Comprehensive Income: ₹(38.60) net
  • Total Comprehensive Income for the period: ₹85.14

Earnings Per Share

  • Basic EPS: ₹0.27
  • Diluted EPS: ₹0.27
  • Paid-up Equity Share Capital: ₹4,657.00 crore (4,657.00 lakh shares)

Financial Results - Half-Year Ended September 30, 2026

Income Statement (₹ in Crore)

  • Total Income: ₹7,999.85
  • Other Income: ₹294.54
  • Total Revenue: ₹8,294.39 (compared to ₹6,892.84 in H1 previous year)

Expenses (₹ in Crore)

  • Changes in Inventories: ₹406.05
  • Employee Benefits Expense: ₹3,175.10
  • Finance Costs: ₹97.07
  • Depreciation/Amortization/Impairment: ₹250.59
  • Stripping Activity Adjustment: ₹(696.32) credit
  • Contractual Expense: ₹2,093.34
  • Other Expenses: ₹2,602.71
  • Total Expenses: ₹8,211.68

Profitability

  • Profit before tax: ₹82.71
  • Tax Expenses: ₹27.06 (Deferred Tax)
  • Profit for the period: ₹55.65
  • Other Comprehensive Income: ₹(11.20) net
  • Total Comprehensive Income for the period: ₹44.45

Earnings Per Share

  • Basic EPS: ₹0.12
  • Diluted EPS: ₹0.12

Statement of Assets and Liabilities (as at September 30, 2026)

Assets (₹ in Crore)

  • Total Non-Current Assets: ₹11,747.24 (including Property, Plant & Equipment: ₹6,160.60, Capital Work in Progress: ₹1,681.26)
  • Total Current Assets: ₹8,963.36 (including Inventories: ₹2,719.01, Trade Receivables: ₹2,105.38, Cash & Cash equivalents: ₹255.34)
  • Total Assets: ₹20,710.60

Equity and Liabilities (₹ in Crore)

  • Total Equity: ₹5,823.25 (Equity Share Capital: ₹4,657.00, Other Equity: ₹1,166.25)
  • Non-Current Liabilities: ₹3,661.51
  • Current Liabilities: ₹11,225.84 (including Borrowings: ₹2,252.39, Trade payables: ₹3,353.15)
  • Total Equity and Liabilities: ₹20,710.60

Statement of Cash Flows (Half-Year Ended September 30, 2026)

Cash Flow (₹ in Crore)

  • Net Cash from Operating Activities: ₹777.16
  • Net Cash used in Investing Activities: ₹(1,104.17)
  • Net Cash from Financing Activities: ₹215.26
  • Net Decrease in Cash: ₹(111.75)
  • Cash at beginning: ₹367.09
  • Cash at end: ₹255.34

Operational Highlights

Production and Offtake (in lakh tonnes)

  • Quarter Production: 7.22 lakh tonnes (Q2 FY2026)
  • Quarter Offtake: 8.89 lakh tonnes (Q2 FY2026)
  • Half-Year Production: 13.78 lakh tonnes (H1 FY2026)
  • Half-Year Offtake: 16.61 lakh tonnes (H1 FY2026)

Auditor Review

The financial results were reviewed by HCO & Co, Chartered Accountants (FRN: 001087C), with CA. Mohd. Shabbir (M. No.: 409864) as the signing partner. The review was conducted in accordance with SRE 2410 issued by ICAI.

Business Segment

The company's main business is coal mining and related services. All activities revolve around the main business, and there are no separate reportable segments.