Coal India Q2 Profit Declines 22%

28 Oct 2024 CW Team

CIL's second-quarter earnings also show the impact of changing energy policies within India. With a stronger focus on sustainable energy, the government has set ambitious targets for expanding renewable energy capacity, which is gradually reshaping energy consumption patterns and impacting coal reliance. Despite CIL’s dominant market position, these shifts are exerting pressure on profit margins, pushing the company to optimize production costs and enhance operational efficiencies.

Coal India remains essential to India's energy grid, contributing significantly to electricity production, especially during periods of heightened demand. However, this profit decline highlights the challenges of balancing coal's role in a transitioning energy landscape. As fossil fuels face scrutiny amid environmental concerns, India’s push towards green energy adds layers of complexity for traditional energy providers like CIL.

To navigate these shifts, Coal India is exploring digital solutions and technologies to reduce costs and enhance productivity. The company also plans to optimize its workforce management and invest in modernization projects, aiming to mitigate profit declines and align with India's evolving energy demands. CIL’s focus remains on maintaining supply stability while adapting to long-term shifts in energy policy and market dynamics, ensuring resilience in the face of mounting pressures from renewable energy competition.

CIL’s strategy in the upcoming quarters will likely include cost-cutting measures and diversified investments to sustain financial performance and retain its industry-leading position. As India continues to advance its energy transition goals, CIL is positioned to adjust its strategies to balance profitability and contribution to the nation’s energy needs.

Coal India Ltd (CIL) reported a 22% drop in net profit for the second quarter of FY25, totaling ?6,275 crore. The decline reflects lower demand for coal and increased operational costs amidst fluctuating global energy prices. A shift towards renewable energy sources and efficiency improvements across the sector has influenced coal demand, which historically drives CIL’s revenue. CIL's second-quarter earnings also show the impact of changing energy policies within India. With a stronger focus on sustainable energy, the government has set ambitious targets for expanding renewable energy capacity, which is gradually reshaping energy consumption patterns and impacting coal reliance. Despite CIL’s dominant market position, these shifts are exerting pressure on profit margins, pushing the company to optimize production costs and enhance operational efficiencies. Coal India remains essential to India's energy grid, contributing significantly to electricity production, especially during periods of heightened demand. However, this profit decline highlights the challenges of balancing coal's role in a transitioning energy landscape. As fossil fuels face scrutiny amid environmental concerns, India’s push towards green energy adds layers of complexity for traditional energy providers like CIL. To navigate these shifts, Coal India is exploring digital solutions and technologies to reduce costs and enhance productivity. The company also plans to optimize its workforce management and invest in modernization projects, aiming to mitigate profit declines and align with India's evolving energy demands. CIL’s focus remains on maintaining supply stability while adapting to long-term shifts in energy policy and market dynamics, ensuring resilience in the face of mounting pressures from renewable energy competition. CIL’s strategy in the upcoming quarters will likely include cost-cutting measures and diversified investments to sustain financial performance and retain its industry-leading position. As India continues to advance its energy transition goals, CIL is positioned to adjust its strategies to balance profitability and contribution to the nation’s energy needs.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..