Bharat Coking Coal: Production Steady, Sales Plummet, Q3 Loss Deepens

• Bharat Coking Coal's raw coal production remained flat at 3.50 mt in February, coking coal down 1.6%, non-coking coal up 30%.
• Total raw coal offtake (sales) sharply declined by 28.7% to 2.16 mt in February.
• Company reported a net loss of ₹23 crore in Q3, a significant drop from ₹425 crore profit last year.
• Revenue from operations fell 24.6% to ₹2,782 crore due to lower sales volumes.
• EBITDA plunged 94% to ₹32.9 crore, with margins narrowing to 1.2%; finance costs nearly tripled.