Coal India records 17% profit growth despite modest income rise

06 May 2024 CW Team

Coal India Limited has announced a notable 17% growth in its annual profit, despite facing a tepid increase in income. This growth in profit underscores the company's resilience and operational efficiency amidst challenging market conditions.

While Coal India's income saw a modest rise, the company managed to enhance its profitability through various strategic measures, including cost optimization, operational improvements, and enhanced productivity. Despite facing headwinds such as subdued coal demand and pricing pressures, the company's focus on efficiency and performance has enabled it to deliver strong financial results.

Coal India's robust performance in terms of profit growth is reflective of its steadfast commitment to operational excellence and value creation for stakeholders. By prioritizing cost management and productivity enhancements, the company has mitigated the impact of external factors and maintained its profitability trajectory.

Moreover, Coal India's efforts to diversify its product portfolio and explore new revenue streams have contributed to its resilience in the face of market challenges. The company's strategic initiatives, including expansion into non-coal mining activities and investments in renewable energy, have positioned it well for sustainable growth in the long term.

Despite the tepid rise in income, Coal India's strong financial performance underscores its leadership position in the domestic coal mining sector. As the backbone of India's energy security, the company plays a pivotal role in meeting the nation's coal requirements and driving economic growth.

Looking ahead, Coal India remains focused on leveraging its strengths, optimizing operations, and capitalizing on emerging opportunities to sustain its growth momentum. With a commitment to operational excellence and value creation, the company is poised to navigate challenges and deliver long-term value for its stakeholders.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..