Coal India Q3 Profit Beats Estimates, Declares Dividend Amidst Revenue Decline

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CNBC TV18•12-02-2026, 19:15
Coal India Q3 Profit Beats Estimates, Declares Dividend Amidst Revenue Decline
- •Coal India reported a net profit of ₹7,166 crore in Q3, surpassing estimates of ₹6,825 crore.
- •Revenue stood at ₹34,924 crore, exceeding the ₹33,288 crore estimate, but EBITDA missed expectations.
- •Year-on-year, net profit fell 15.6% and revenue declined 5.2%; EBITDA dropped 24.2%.
- •The board declared a third interim dividend of ₹5.50 per equity share for FY26, with payment by March 13.
- •Strategic moves include BCCL listing, a JV with DVC for a 1,600 MW power project, and entry into critical minerals.
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