Coal India Limited has announced the cessation of Shri Satyabrata Panda as Independent Director following the completion of his tenure. The Maharatna company formally communicated this board change to stock exchanges on 30.04.2026.

Regulatory Compliance and Notification

The announcement was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III of the Securities and Exchange Board of India regulations. Coal India Limited notified both major stock exchanges about this corporate governance development.

Director Cessation Details

The cessation occurred as a natural conclusion of Shri Satyabrata Panda's directorial tenure rather than due to resignation, removal, or other circumstances. The company provided mandatory disclosures as required under SEBI regulations.

Corporate Communication

The notification was signed by B. P. Dubey, Executive Director (Company Secretary) and Compliance Officer, ensuring proper corporate governance protocols were followed. The communication included all details required under SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated 13th July 2023.

Company Background

Coal India Limited operates as a Maharatna company with its registered office located at 3rd floor, Core-2, Premises no-04-MAR, Plot no-AF-III, Action Area-1A, Newtown, Rajarhat, Kolkata-700156. The company maintains its corporate identification number as L23109WB1973GOI028844.

Coal India Limited has published its audited financial results for the fourth quarter and financial year ended March 31, 2026, showing mixed performance across consolidated and standalone operations. The Maharatna company's results were approved by the Board of Directors on April 27, 2026, and published in newspapers on April 28, 2026.

Consolidated Financial Performance

The company's consolidated operations demonstrated strong quarterly growth despite annual challenges. Coal India reported consolidated net profit after tax of ₹10,839.18 crore for Q4 FY26, representing a significant increase from ₹9,751.64 crore in Q4 FY25. However, the annual consolidated net profit declined to ₹31,094.29 crore in FY26 from ₹35,505.78 crore in FY25.

Total income from operations for Q4 FY26 reached ₹46,490.03 crore compared to ₹43,961.56 crore in Q4 FY25. The quarterly performance showed improvement with net profit before tax increasing to ₹14,626.75 crore from ₹13,070.44 crore in the corresponding quarter of the previous year.

Standalone Results Show Robust Growth

Coal India's standalone operations exhibited stronger performance across both quarterly and annual metrics. The company reported standalone net profit of ₹5,533.67 crore for Q4 FY26, substantially higher than ₹3,148.87 crore in Q4 FY25. Annual standalone net profit increased to ₹18,863.93 crore in FY26 from ₹17,016.56 crore in FY25.

The standalone operations showed remarkable quarterly improvement with net profit before tax surging to ₹5,870.93 crore in Q4 FY26 from ₹3,197.92 crore in Q4 FY25. Basic earnings per share for standalone operations increased to ₹8.98 in Q4 FY26 from ₹5.11 in the same quarter last year.

Financial Position and Equity Structure

Coal India maintained its equity share capital at ₹6,162.73 crore with face value of ₹10 per share across all reporting periods. The company's other equity for consolidated operations stood at ₹112,938.83 crore in FY26 compared to ₹95,557.59 crore in FY25, while standalone other equity reached ₹14,492.75 crore from ₹11,908.12 crore in the previous year.

Total comprehensive income for consolidated operations was ₹11,520.72 crore in Q4 FY26 versus ₹9,563.60 crore in Q4 FY25. The annual comprehensive income decreased to ₹31,528.08 crore in FY26 from ₹34,878.92 crore in FY25.

Regulatory Compliance and Audit

The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under the Companies Act, 2013. The results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on April 27, 2026. Statutory auditors have audited the financial results as required under SEBI Listing Regulations.

The company published these results in English newspaper "The Hindu Business Line" and Bengali newspaper "Bartaman" on April 28, 2026, fulfilling regulatory requirements for public disclosure of financial information.