Coal India Ltd Falls Short of FY25 Production Target Amid Mixed Performance
Coal India Ltd (CIL) reported mixed results for FY 2024-25. Annual production increased by 1.00% to 781.10 MT, falling short of the target. Offtake grew by 1.30% to 763.20 MT. March 2025 production declined by 3.10% year-on-year. Subsidiary performances varied, with Mahanadi Coalfields Ltd showing 9.30% growth and South Eastern Coalfields Ltd declining by 10.60%. Northern Coalfields Ltd implemented a price hike, potentially boosting EBITDA by 8-10%. Executive Director P.D. Sharma retired on April 1, 2025.

*this image is generated using AI for illustrative purposes only.
Coal India (CIL), the country's largest coal producer, has reported mixed results for the fiscal year 2024-25, with production falling short of its target while offtake showed modest growth.
Production Shortfall and March Decline
According to the latest data released by the company, Coal India's production for March 2025 declined by 3.10% year-on-year, reaching 85.80 million tonnes (MT). This downturn in the final month contributed to the company missing its production guidance for the fiscal year 2024-25.
Annual Performance
Despite the setback in March, Coal India's full-year performance showed some positive signs:
Metric | FY 2024-25 | FY 2023-24 | YoY Change |
---|---|---|---|
Production | 781.10 MT | 773.60 MT | +1.00% |
Offtake | 763.20 MT | 753.50 MT | +1.30% |
The company's coal production for the entire fiscal year 2024-25 reached 781.10 MT, representing a modest increase of 1.00% compared to the previous year. Meanwhile, the annual offtake grew by 1.30% to 763.20 MT, indicating a slight improvement in demand and distribution.
Subsidiary Performance
The LODR data provides insights into the performance of Coal India's subsidiaries:
- Mahanadi Coalfields Ltd (MCL) emerged as the top performer, with a production of 225.20 MT, showing a significant growth of 9.30% year-on-year.
- South Eastern Coalfields Ltd (SECL) faced challenges, with its production declining by 10.60% to 167.50 MT.
- Northern Coalfields Ltd (NCL) demonstrated steady growth, with production increasing by 2.10% to 139.00 MT.
Price Hike and Potential Impact
In a recent development, Northern Coalfields Ltd implemented a price hike, which analysts suggest could boost Coal India's EBITDA by 8-10%. This move is expected to have a positive impact on the company's financial performance in the coming quarters.
Management Changes
The company also announced a change in senior management. Shri P.D. Sharma, Executive Director (Materials & Contracts), relinquished his charge on April 1, 2025, upon reaching the age of superannuation.
Conclusion
As Coal India navigates through production challenges and price adjustments, investors and industry observers will be closely watching how these factors influence the company's performance in the upcoming fiscal year.
Historical Stock Returns for Coal India
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.10% | +1.72% | +3.40% | -18.59% | -9.06% | +168.13% |