Coal India Faces 17% Profit Dip in Q3, Yet Brokerages Set Optimistic Target of Rs 525

Coal India reported a 17% decline in consolidated net profit for Q3 FY25, amounting to ₹8,506 crore, compared to ₹10,253 crore in the same quarter last year. The drop was attributed to softer demand and reduced coal offtake. However, sequentially, net profit rose by 35% from ₹6,289 crore. The company also declared a second interim dividend of ₹5.60 per share, with the record date set for January 31, 2025, and payment scheduled by February 26, 2025. Shares closed at ₹375.4 on the BSE, down 2% prior to the results announcement 

 

Source: Business Standard, CNBC TV18