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- Coal India Q1 Results Profit Before Tax Rises to ₹14,147.21 Crore, Net Profit Reaches ₹10,943.55 Crore
Coal India Q1 Results Profit Before Tax Rises to ₹14,147.21 Crore, Net Profit Reaches ₹10,943.55 Crore
Coal India Q1 Results show a 3.2% QoQ decline in revenue to ₹33,170.13 crore, while profit before tax increased by 23.8% QoQ to ₹14,147.21 crore; Coal India Q1 Results also reveal a 26.7% QoQ rise in net profit to ₹10,943.55 crore.
by P Nandhini
Updated Aug 29, 2024
Table of Content
Coal India Q1 Results: Coal India announced their Q1 results for the fiscal year 2024-2025 on August 29, 2024, showing a modest decline in revenue compared to the previous quarter.
The company reported revenue from operations of ₹33,170.13 crore for the quarter ending June 30, 2024, which is a slight decrease of 3.2% compared to ₹34,263.89 crore in Q4 2023-2024. Despite this drop, Coal India’s total income, including other income, stood at ₹38,349.21 crore, a decrease of 3.3% from the ₹39,654.50 crore reported in the previous quarter.
In terms of profitability, Coal India saw a significant improvement. The company’s profit before tax rose to ₹14,147.21 crore, up 23.8% from ₹11,430.48 crore in Q4 2023-2024. This increase was driven by reduced expenses and higher efficiency, even as the costs of materials consumed and employee benefits rose.
Overall, despite the decline in revenue, Coal India’s financial performance demonstrated strong growth in profit, highlighting the company's robust operational management and strategic focus.
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Coal India Q1 Results 2024 - 2025
Here is a summary of Coal India's Q1 results for the fiscal year 2024-2025:
The following table provides a detailed view of the company's financial performance for the quarter ended June 30, 2024, compared to the previous quarter:
Particulars | 30.06.2024 (Unaudited) | 31.03.2024 (Audited) | % Change (QoQ) |
---|---|---|---|
Revenue from Operations | ₹33,170.13 crore | ₹34,263.89 crore | -3.2% |
Other Operating Income | ₹3,294.48 crore | ₹3,146.50 crore | +4.7% |
Total Income | ₹38,349.21 crore | ₹39,654.50 crore | -3.3% |
Cost of Materials Consumed | ₹2,596.31 crore | ₹3,361.62 crore | -22.8% |
Employee Benefits Expense | ₹11,454.50 crore | ₹13,536.20 crore | -15.3% |
Profit Before Tax | ₹14,147.21 crore | ₹11,430.48 crore | +23.8% |
Profit for the Period | ₹10,943.55 crore | ₹8,640.45 crore | +26.7% |
Total Expenses | ₹24,287.40 crore | ₹28,298.41 crore | -14.3% |
Share of Joint Venture Profit | ₹85.40 crore | ₹74.39 crore | +14.9% |
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Coal India Current Market Overview
Coal India's current market overview shows the company's stock trading at ₹517, down by 1.72%. The company has a market capitalization of ₹3,18,798 crore, indicating its significant size and value in the market.
Its stock has fluctuated between ₹228 and ₹545 in the past, with a price-to-earnings ratio of 8.75, reflecting its relatively low valuation compared to earnings. Coal India also offers a dividend yield of 4.95%, providing returns to its shareholders.
With strong financial metrics, including a return on capital employed of 63.6% and a return on equity of 52.0%, the company remains a major player in the coal industry.
Metric | Value |
---|---|
Current Price | ₹517 |
Change | -1.72% |
Market Cap | ₹3,18,798 Crore |
High / Low | ₹545 / ₹228 |
Stock P/E Ratio | 8.75 |
Book Value | ₹134 |
Dividend Yield | 4.95% |
ROCE (Return on Capital Employed) | 63.6% |
ROE (Return on Equity) | 52.0% |
Face Value | ₹10.0 |
Quarterly Results
Here’s a summary of Coal India’s quarterly financial results for the periods ending December 2023, March 2024, and June 2024:
Metric | Dec 2023 | Mar 2024 | Jun 2024 |
---|---|---|---|
Sales | 36,154 | 37,410 | 36,465 |
Expenses | 23,133 | 26,073 | 22,126 |
Operating Profit | 13,021 | 11,338 | 14,339 |
OPM % | 36% | 30% | 39% |
Other Income | 2,489 | 2,318 | 1,970 |
Interest | 227 | 232 | 209 |
Depreciation | 1,649 | 1,993 | 1,952 |
Profit Before Tax | 13,634 | 11,430 | 14,147 |
Tax % | 26% | 24% | 23% |
Net Profit | 10,155 | 8,640 | 10,944 |
EPS in Rs | 16.44 | 14.09 | 17.78 |
About Coal India
Coal India (CIL) is a state-owned coal mining company based in India, established in November 1975. It is the largest coal producer in the world and one of the biggest employers globally, with over 228,000 employees.
CIL operates through 313 mines spread across eight Indian states, with a mix of underground, opencast, and mixed mines. The company plays a crucial role in India's energy sector, contributing significantly to the country’s coal production and power generation.
CIL is also involved in various social and environmental initiatives, focusing on community development and sustainable practices.
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Coal India Q1 Results - FAQs
1. What are Coal India’s Q1 2024-2025 revenue figures?
Coal India reported a revenue from operations of ₹33,170.13 crore for Q1 2024-2025.
2. How did Coal India’s total income change in Q1 2024-2025?
Coal India's total income decreased to ₹38,349.21 crore in Q1 2024-2025.
3. What was the percentage change in Coal India’s revenue from operations compared to the previous quarter?
Coal India’s revenue from operations decreased by 3.2% compared to the previous quarter.
4. How did Coal India’s profit before tax perform in Q1 2024-2025?
Coal India’s profit before tax increased to ₹14,147.21 crore in Q1 2024-2025.
5. What was the change in Coal India’s profit for the period in Q1 2024-2025?
Coal India’s profit for the period rose to ₹10,943.55 crore, up from the previous quarter.
6. What are Coal India’s total expenses for Q1 2024-2025?
Coal India’s total expenses were ₹24,287.40 crore for Q1 2024-2025.
7. How did Coal India’s cost of materials consumed change in Q1 2024-2025?
Coal India’s cost of materials consumed decreased to ₹2,596.31 crore in Q1 2024-2025.
8. How did Coal India’s other operating income perform in Q1 2024-2025?
Coal India’s other operating income increased to ₹3,294.48 crore in Q1 2024-2025.
9. How much did Coal India’s depreciation cost amount to in Q1 2024-2025?
Coal India’s depreciation cost was ₹1,952 crore in Q1 2024-2025.
10. What was the interest expense for Coal India in Q1 2024-2025?
Coal India’s interest expense was ₹209 crore in Q1 2024-2025.