Coal India Q3: Profit and Income Decline, Beats Estimates; Declares Rs 5.5 Dividend

• Coal India reported a 15.6% year-on-year decline in net profit to Rs 7,166 crore in Q3, but exceeded the estimated Rs 6,825 crore.
• Income fell by 5.2% to Rs 34,924 crore, yet surpassed the market estimate of Rs 33,288 crore.
• EBITDA decreased by 24.2% to Rs 9,331 crore, missing the estimated Rs 9,997 crore.
• Margins dropped to 26.7% from 33.4% year-on-year, falling short of the 30% market estimate.
• The company declared a third interim dividend of Rs 5.5 per share, with February 18 as the record date and payment by March 13.