Coal India Production at 60% of FY26 Target After Q3, PMO Directs Subsidiary Listings

2 min read     Updated on 01 Jan 2026, 11:58 AM
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Ashish TScanX News Team
Overview

Coal India's December production increased 4.6% to 75.7mt, bringing cumulative production to 529.2mt, representing 60% of the FY26 target of 875mt. While production showed growth, off-take declined 5.2% to 64.9mt. The PMO has directed the company to list all subsidiaries by FY30, with IPO plans for major units already underway.

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*this image is generated using AI for illustrative purposes only.

Coal India Ltd has announced its provisional production and off-take performance results for December and the cumulative period from April to December, presenting detailed operational metrics that show contrasting trends. The company's production progress stands at 60% of its full year target of 875 million tonnes for financial year 2026.

Production Performance Shows Strong Growth

The company reported significant improvement in coal production during December, with total output reaching 75.7 million tonnes compared to 72.4 million tonnes in the corresponding period of the previous year. This represents a notable growth of 4.6% year-on-year, demonstrating the company's continued focus on enhancing operational efficiency and meeting production targets. December's production has taken the year-to-date production figure to 529.2 million tonnes.

Off-Take Performance Faces Decline

Despite the positive production numbers, Coal India experienced a substantial decline in off-take performance during December. The off-take decreased to 64.9 million tonnes from 68.5 million tonnes in the same period last year, marking a decline of 5.2% year-on-year. This indicates potential challenges in coal distribution or variations in demand patterns from key consumer sectors.

Performance Metric: December Previous Year Change (%)
Coal Production: 75.7mt 72.4mt +4.6%
Off-Take: 64.9mt 68.5mt -5.2%

Subsidiary-Wise Performance Analysis

Among the subsidiary companies, South Eastern Coal Fields emerged as the top performer in December with production growth of 28.2% compared to the same period last year. Eastern and Central Coalfields also saw an increase in production during the month. However, several subsidiaries faced production challenges, with some units experiencing declines in their operational performance.

Cumulative Performance and Annual Target Progress

For the cumulative period from April to December, Coal India's production reached 529.2 million tonnes compared to 543.4 million tonnes in the corresponding period of the previous year, reflecting a decline of 2.6%. The off-take performance for the same period stood at 544.7 million tonnes against 557.0 million tonnes last year, showing a decrease of 2.2%. Production for Coal India is generally lower in the first half of the year due to monsoons, and then picks up in the second half.

Period Metric: Apr-Dec Current Apr-Dec Previous Change (%)
Cumulative Production: 529.2mt 543.4mt -2.6%
Cumulative Off-Take: 544.7mt 557.0mt -2.2%
FY26 Target Progress: 60% - -

Corporate Developments and Market Performance

Coal India has been in focus recently following news that the PMO has directed the company to list all of its subsidiaries by financial year 2030. Plans for the IPOs of Bharat Coking Coal, Mahanadi Coalfields and other units are already in the works. Shares of Coal India are currently trading at ₹399.75, with the stock up 4% over the last 12 months.

Historical Stock Returns for Coal India

1 Day5 Days1 Month6 Months1 Year5 Years
+0.36%-0.47%+5.48%+2.75%+3.64%+195.86%
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Coal India Limited Appoints Shri Rajiva Kumar Singh as Executive Director (Exploration)

1 min read     Updated on 29 Dec 2025, 01:12 PM
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Reviewed by
Riya DScanX News Team
Overview

Coal India Limited has appointed Shri Rajiva Kumar Singh as Executive Director (Exploration) effective December 29, 2025, following his promotion within the organization. Shri Singh brings over 30 years of geological exploration experience and holds advanced degrees in Geology from Patna University. He has previously held key leadership roles at CMPDIL and served as Nodal Officer to the Ministry of Coal for exploration initiatives.

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*this image is generated using AI for illustrative purposes only.

Coal India Limited has announced a key senior management appointment, naming Shri Rajiva Kumar Singh as Executive Director (Exploration) effective December 29, 2025. The appointment was disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as the position is one level below the Board of Directors.

Appointment Details

The appointment represents a promotion for Shri Singh within the organization. Coal India Limited communicated this development to both the Bombay Stock Exchange Limited and National Stock Exchange of India Limited, fulfilling its regulatory disclosure obligations.

Parameter: Details
Name: Shri Rajiva Kumar Singh
Designation: Executive Director (Exploration)
Effective Date: December 29, 2025
Nature: Promotion
Reporting Level: One level below Board of Directors

Professional Background

Shri Rajiva Kumar Singh brings extensive expertise to his new role as a senior geologist professional with over three decades of experience in geological exploration and resource evaluation. His educational credentials include a B.Sc. (Hons.) and M.Sc. in Geology from Science College, Patna and Patna University respectively.

Leadership Experience

Over the past ten years, Shri Singh has demonstrated significant leadership capabilities through key positions at CMPDIL. His experience includes serving as Nodal Officer to the Ministry of Coal, where he played a pivotal role in promotional and detailed exploration initiatives. This background positions him well for his new responsibilities in Coal India Limited's exploration division.

Regulatory Compliance

The appointment disclosure was made pursuant to Regulation 30 of SEBI LoDR 2015 and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The communication was signed by B. P. Dubey, Executive Director (Company Secretary) and Compliance Officer, ensuring proper regulatory compliance for the senior management appointment.

Historical Stock Returns for Coal India

1 Day5 Days1 Month6 Months1 Year5 Years
+0.36%-0.47%+5.48%+2.75%+3.64%+195.86%
Coal India
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