Key Financial Figures - Consolidated (Q1 FY27)

  • Total Income: ₹48,295.27 crore
  • Total Expenses: ₹36,816.23 crore
  • Profit Before Tax: ₹11,719.36 crore
  • Tax Expense: ₹2,739.79 crore (Current Tax: ₹2,739.79 crore; Deferred Tax: ₹129.76 crore)
  • Profit for the Period: ₹8,849.81 crore
  • Other Comprehensive Income: ₹32.16 crore
  • Total Comprehensive Income: ₹8,873.81 crore
  • Profit Attributable to Owners: ₹8,852.11 crore
  • Earnings Per Share (Basic & Diluted): ₹14.36
  • Paid-up Equity Share Capital: ₹6,162.73 crore (Face Value ₹10 per share)
  • Other Equity: Not quantified for quarter-end

Key Financial Figures - Standalone (Q1 FY27)

  • Revenue from Operations: ₹345.18 crore
  • Other Income: ₹98.88 crore (including ₹1.05 crore dividend from subsidiaries & JVs)
  • Total Income: ₹444.06 crore
  • Total Expenses: ₹232.86 crore
  • Profit Before Tax: ₹211.20 crore
  • Tax Expense: ₹58.02 crore (Current Tax: ₹51.19 crore; Deferred Tax: ₹6.83 crore)
  • Profit for the Period: ₹153.18 crore
  • Other Comprehensive Income: -₹2.68 crore
  • Total Comprehensive Income: ₹150.50 crore
  • Earnings Per Share (Basic & Diluted): ₹0.25

Dividend Declaration

  • Interim Dividend: ₹5.50 per equity share (55% on face value of ₹10)
  • Financial Year: 2026-27
  • Record Date: July 31, 2026
  • Payment Date: On or before August 25, 2026
  • Payment Method: Electronic modes only (no physical warrants/cheques) as per SEBI LODR (Fifth Amendment) Regulations, 2025

Board Meeting Details

  • Meeting Date: July 27, 2026
  • Commencement Time: 14:00 Hrs
  • Conclusion Time: 17:15 Hrs
  • Approvals: Financial results and dividend declaration

Auditor's Review

Chaturvedi & Co LLP conducted limited review of both standalone and consolidated financial results. Key emphasis matters:

Stripping Activity Adjustment

  • ₹775.44 crore reversed from stripping activity provision during quarter (₹1,954.90 crore for FY26; ₹540.62 crore for Q1 FY25)
  • Balance provision carried forward: ₹55,728.17 crore as of June 30, 2026 (₹56,503.61 crore as of March 31, 2026)
  • Accounting follows Appendix B of Ind AS 16 as per ICAI Accounting Standards Board opinion

SECL Subsidiary Matters

  • Custodian Mines Liability: SECL crystallized ₹513.75 crore payable to Ministry of Coal against demand of ₹2,880.89 crore for Gare Palma IV/1, IV/2&3 and IV/7 mines
  • Contingent Liability: ₹2,367.14 crore shown as contingent liability
  • TDS Compliance: SECL neither deducted nor provided for TDS liability on reporting date, resulting in non-compliance with Income Tax Act
  • Billing Delay: Delay in raising invoices for performance incentive/compensation cess to State Generation Co. due to reconciliation issues with FSA consumers

Governance Matter

  • Absence of requisite number of independent directors at parent company level
  • Non-compliance with Sections 149, 177, and 178 of Companies Act and SEBI LODR Regulations 17, 18, and 19
  • Attracts penal provisions

Segment Performance (Consolidated)

  • Coal Revenue: ₹46,249.12 crore
  • Solar Energy Revenue: ₹5.68 crore (new segment)
  • Coal Segment Profit: ₹11,804.76 crore before interest and tax
  • Solar Segment Profit: ₹1.56 crore before interest and tax

Subsidiaries and Joint Ventures

Reviewed by Other Auditors

  • 8 subsidiaries with total income ₹48,468.69 crore, net profit ₹8,517.80 crore
  • HURL joint venture with share of net profit ₹241.80 crore

Management-Certified (Not Reviewed)

  • 5 subsidiaries with total income ₹6.85 crore, net profit ₹5.92 crore
  • 4 joint ventures with share of net loss ₹1.54 crore

Not Considered

  • 2 CBM joint operations with ONGC (Jharia and Raniganj)
  • International Coal Venture Private Limited (ICVPL)

Comparative Figures

  • Q1 FY26 consolidated net profit: ₹8,797.05 crore (restated from previously reported ₹8,734.17 crore)
  • Q1 FY26 EPS: ₹14.27 (restated from previously reported ₹14.19)
  • FY26 audited consolidated net profit: ₹31,094.29 crore