Coal India’s Q1FY25 Quarter Results
Coal India’s revenue increased 2.2% YoY
- 02 Aug 2024
- Coal India reported a 3.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter ended June (Q1FY25). On a year-on-year (YoY) basis, it witnessed a growth of 2.2%.
- Its expenses for the quarter were down by 14.2% QoQ and up by 0.7% YoY.
- The net profit grew 26.7% QoQ and 4.2% YoY.
- The earnings per share (EPS) of Coal India stood at 17.8 during Q1FY25.
Coal India’s Financial Statements for Q1FY25:
| (Rs, crores) | Q1FY24 | Q4FY24 | Q1FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total income | 37,521 | 39,655 | 38,349 | -3.3% | 2.2% |
Total expenses | 24,113 | 28,298 | 24,287 | -14.2% | 0.7% |
Profit before tax | 13,385 | 11,430 | 14,147 | 23.8% | 5.7% |
Tax | 2,887 | 2,790 | 3,204 | 14.8% | 11.0% |
Profit after tax | 10,498 | 8,640 | 10,944 | 26.7% | 4.2% |
Earnings per share | 17.1 | 14.1 | 17.8 |
Financials:
- Net Profit: ₹10,943.55 crores, up 4% YoY from ₹10,498.39 crores and up 26.6% sequentially from Rs 8,640.45 crores.
- Revenue from Operations: Increased by 1.3% YoY to ₹36,464.61 crores, compared to ₹35,983.21 crores in the same period last year.
- Total Income: Rose by 2.2% YoY to ₹38,349.21 crores.
- Total Expenses: Slightly up by 0.7% YoY to ₹24,287.40 crores.
- Earnings per share: EPS improved to ₹17.8 from ₹14.1 in the previous quarters.
Key Highlights:
- Coal Production: Increased by 7.8% YoY to 189.28 million tonnes from 175.47 million tonnes in Q1FY24.
- Coal Off-take: Rose to 198.50 million tonnes from 186.95 million tonnes in the same period of FY24.
- New Projects: Opened a new non-coking coal washery with a capacity of 10 million tonnes per annum at a cost of ₹398 crores.
- New Subsidiary: Incorporated Bharat Coal Gasification & Chemicals Limited for coal gasification business and projects.
- Capital Expenditure: Increased by 2.6% to ₹3,331.44 crores, compared to ₹3,244.70 crores in Q1FY24.
- New Bids: Preferred bidder for Madhya Pradesh’s Khattali Chotti graphite block.
Data Source: BSE, Company announcements
The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results.
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