Bharat Coking Coal Swings from ₹425 Cr Profit to ₹22.9 Cr Loss in Q3; Revenue Down 24.6%

• Bharat Coking Coal Limited (BCCL) reported a significant financial downturn in its Q3 results.
• The company recorded a loss of ₹22.9 crore, a sharp contrast to the ₹425 crore profit in the same quarter last year.
• Revenue declined by 24.6% year-on-year, falling to ₹2,782 crore from ₹3,688 crore.
• Operational performance weakened considerably, with EBITDA plummeting 94% from ₹566.6 crore to ₹32.9 crore.
• EBITDA margin also saw a sharp drop from 15.4% to 1.2%, indicating severe cost pressures and operational challenges.

Why It Matters: BCCL faced a challenging Q3, turning a substantial profit into a loss with significant revenue and margin declines.