Shares fell 6% to Rs 33.92, down from Rs 35.86, as Q4 FY26 results were released.
Revenue dropped 15% YoY to Rs 3,283 crore and 5.3% QoQ, while net profit plunged 58.9% YoY to Rs 27.3 crore.
Board approved new washed coal pricing (Rs 13,403/MT prime, Rs 10,937/MT medium) and revised evacuation charges effective 1 Apr 2026.
Management projects FY27 income Rs 17,000 crore, EBITDA Rs 1,500 crore and net profit at least three‑times FY26, aided by washed‑coal mix and Rs 1,000/tonne price uplift.