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The figure comfortably beat CNBC-TV18’s poll estimate of ₹7,799 crore but marked a decline of 17.5% compared to ₹10,291.7 crore reported in the same quarter last year.
Revenue stood at ₹35,779.8 crore, marginally ahead of the poll estimate of ₹35,558 crore. However, it reflected a 1% drop from the ₹36,154 crore recorded in Q3 FY24.
The company’s EBITDA came in at ₹12,317.2 crore, significantly exceeding the estimated ₹10,098 crore but falling 5% YoY from ₹12,970.7 crore.Also read: Coal India announces second interim dividend of ₹5.60; check record date
The EBITDA margin was 34.4%, higher than the poll’s projection of 28.4% but slightly below the 35.9% seen in the year-ago period.
The Board of Coal India Ltd. has also declared a second interim dividend of ₹5.60 per equity share on the face value of ₹10 for the financial year 2024-25 .
Also read: Indian Oil Q3 Results: PSU stock tanks after big miss on profit, margins
Despite the YoY declines, Coal India outperformed market expectations. The PSU stock closed 2.04% down at ₹375.40 on BSE.
First Published: Jan 27, 2025 4:26 PM IS
