(FE)
State-owned Coal India Ltd (CIL) on Monday announced that it has recorded coal production of 63.5 million tonnes (MTs) in the month of May, reporting a decline of 1.4 per cent in comparison to 64.4 million tonnes (MTs) during the same period last year.
During the month, Coal India’s four subsidiaries out of eight reported a decline in production in the range of 0.6 per cent to 18 per cent on YoY basis. This contributed to the slight overall drop.
For the April-May 2025 period, the cumulative production was 125.6 MT, nearly flat compared to 126.2 MT during the year ago period, indicating a mixed start to the fiscal year for its various mining operations, Coal India said in a regulatory filing.
Meanwhile, coal offtake, which refers to the volume of dry-fuel supplied from a coal pithead, too dropped by 7.8 per cent to 64.0 MT in May in comparison to 69.4 MT in the same month of previous financial year.
For the April-May period, offtake declined by 3.9 per cent to 128.5 MT from 133.7 MT in the same period of previous fiscal.
CIL accounts for over 80 per cent of domestic coal output. In FY25, CIL produced 781.1 MT of coal, nearly 7 per cent less than the company’s annual target of 838 MT. Coal India is targeting a production of 875 MT and offtake of 900 MT in FY26.
Earlier in May, Coal India reported its fiscal fourth quarter earnings report with profit at Rs 9,604.02 crore, posting a growth of 12.04 per cent on-year in comparison to Rs 8,572.14 crore during the same period of previous financial year. The company’s revenue from operations for the quarter under review slipped 1 per cent YoY to Rs 37,824.54 crore.
