Coal India Q2 FY27 Profit Jumps 53%, Dividend Set

Coal India Limited reported a 53% year-on-year increase in consolidated net profit for the July-September quarter of FY27, supported by higher revenue and operating earnings. The state-owned coal producer posted consolidated net profit of ₹6,516 crore for the quarter ended September 30, 2026, compared with ₹4,259 crore in the same quarter a year earlier. Revenue from operations increased 20.9% to ₹44,179 crore. Alongside the results, the board approved a second interim dividend of ₹10.25 per equity share for FY27.

Q2 Profit Rises to ₹6,516 Crore

Coal India's quarterly profit growth was stronger than its revenue growth. Consolidated net profit rose by ₹2,257 crore from the year-ago quarter. The reported profit of ₹6,516 crore was also above the ₹6,418 crore estimate in a CNBC-TV18 poll. The results cover the second quarter of the financial year ending March 2027 and were approved by the board on October 29, 2026.

Revenue Crosses ₹44,000 Crore

Revenue from operations stood at ₹44,179 crore in Q2 FY27, against ₹36,553 crore in Q2 FY26. This represented an increase of 20.9%, or ₹7,626 crore, over the corresponding quarter last year. The revenue figure was above the CNBC-TV18 poll estimate of ₹41,602 crore. The company did not provide a detailed segment-wise explanation for the revenue increase in the information available with the result announcement.

Operating Earnings Show Improvement

Earnings before interest, tax, depreciation and amortisation, or EBITDA, rose 28.9% year-on-year to ₹8,499 crore. Coal India had reported EBITDA of ₹6,593 crore in Q2 FY26. The increase in operating earnings was higher than the pace of revenue growth, which contributed to an improvement in the reported EBITDA margin.

However, EBITDA was below the CNBC-TV18 poll estimate of ₹9,220 crore. The difference between the reported operating earnings and the poll estimate is relevant because revenue exceeded the same poll's expectation. It indicates that the reported result had stronger sales than expected, while the operating profit figure remained below the surveyed estimate.

EBITDA Margin Expands to 19.2%

Coal India's EBITDA margin improved to 19.2% in Q2 FY27 from 18% in the corresponding quarter of FY26. The expansion was about 1.2 percentage points year-on-year. Yet, the reported margin was below the 22.2% margin expected in the CNBC-TV18 poll. Margin movement is an important indicator for coal producers because it shows how much operating profit is retained from revenue before interest, tax, depreciation and amortisation.

Key Q2 FY27 Financial Figures

All absolute financial figures in the table are stated in ₹ crore. The data reflects the company's consolidated quarterly performance as reported for the period ended September 30, 2026. The results were described as unaudited in the board-related disclosures.

Second Interim Dividend Approved

The board declared a second interim dividend of ₹10.25 per equity share for FY27. Each equity share has a face value of ₹10. The dividend was approved together with the unaudited standalone and consolidated financial results for the second quarter and first half ended September 30, 2026.

The company had earlier declared an interim dividend of ₹5.50 per share in July 2026. The latest declaration is specifically identified as the second interim dividend for the current financial year. Shareholders should distinguish the declared dividend from any final dividend, which is considered separately after the financial year and subject to the relevant approvals.

Record Date Is November 4

Coal India fixed November 4, 2026, as the record date for determining which shareholders are eligible for the second interim dividend. The company said the dividend payment will be made on or before November 27, 2026. Eligibility is determined based on the shareholder records as of the record date, subject to the applicable settlement and depository process.

Electronic Payment Only

Coal India said dividend payments will be made only through electronic modes approved by the Reserve Bank of India. The company will not issue physical dividend warrants, cheques or demand drafts. This payment method applies to the announced interim dividend and requires shareholders to maintain valid banking details with the relevant depository participant or registrar process.

The electronic-only approach is also consistent with the company's stated compliance with listing-related requirements. For shareholders, the key administrative dates are the November 4 record date and the payment deadline of November 27. Investors seeking payment-related information would need to rely on their registered account and bank details.

What the Results Mean for Investors

The Q2 result combines higher revenue, higher operating profit and a marked increase in consolidated net profit. Revenue exceeded the cited market poll estimate, while EBITDA and margin fell short of the respective estimates. That contrast makes both the sales growth and the operating profitability figures relevant when assessing the quarter.

The dividend declaration adds a defined shareholder distribution to the result announcement. Its value is ₹10.25 for each eligible equity share, with payment due by November 27, 2026. Coal India's next formal financial update will provide further information on how its performance develops after the half year ended September 30, 2026.

Conclusion

Coal India closed Q2 FY27 with consolidated net profit of ₹6,516 crore, revenue of ₹44,179 crore and EBITDA of ₹8,499 crore. The company also declared a second interim dividend of ₹10.25 per share. The immediate dates for eligible shareholders are November 4, 2026, for the record date and November 27, 2026, for the scheduled payment deadline.