Coal India Announces Rs 10.25 Interim Dividend for FY27
Coal India has declared a second interim dividend of Rs 10.25 per share for the financial year 2026-27, with a record date set for November 4.
Coal India will pay Rs 10.25 per share as interim dividend for FY27.
The record date for dividend eligibility is November 4, 2026.
The company's Q2FY27 net profit rose 53% year-on-year, totaling Rs 6,516 crore.
On October 29, 2026, Coal India Limited announced its second interim dividend of Rs 10.25 per share for the financial year 2026-27. This declaration coincided with the release of the company's earnings for the July to September quarter. The board of directors has established November 4, 2026, as the record date to determine which shareholders are eligible for this dividend payout, which is expected to be disbursed by November 27, 2026.
The decision to issue this interim dividend comes as Coal India reported a significant increase in its consolidated net profit for the second quarter of FY27, which surged by 53% compared to the same period last year. The profit reached Rs 6,516 crore, although it fell short of analyst expectations, which had projected a profit of Rs 6,965 crore. The revenue from operations also saw a notable rise, climbing 20.9% to Rs 44,179 crore, surpassing the estimated Rs 42,903 crore.
Despite the positive revenue growth, the company's earnings before interest, taxes, depreciation, and amortization (EBITDA) of Rs 8,499 crore represented a 28.9% increase year-on-year but did not meet the anticipated figure of Rs 9,724 crore. The EBITDA margin improved to 19.2% from 18% a year earlier, indicating enhanced operational profitability, yet it still fell short of the expected 22.7% margin.
The implications of this dividend announcement and the financial performance are significant for shareholders and the broader market. Investors will be keenly observing how the company manages its operations and profitability moving forward, especially in light of the mixed results from the latest earnings report. The interim dividend reflects the company's commitment to returning value to its shareholders even amid fluctuating market conditions.
Looking ahead, shareholders should prepare for the upcoming record date of November 4, 2026, to ensure their eligibility for the dividend. As Coal India continues to navigate the challenges of the coal industry and broader economic conditions, its future earnings and dividend policies will be closely monitored by investors and analysts alike.
