Coal India Stock Price Declines 4%: February Business Update Highlights

Market Performance

On March 3, 2025, shares of Coal India declined by approximately 4%, with the stock trading at around ₹357.95 on the NSE during the morning session. Over the past year, Coal India shares have experienced a decrease of over 21% in value.

Main News

Coal India provided its February business update, reporting decreased production. The output for February 2025 stood at 74.1 million tonnes (MT), which reflects a 0.8% year-on-year decline.

For the financial year to date, the company's total production has reached 695.3 MT, representing a 1.5% increase compared to the same period in the previous year. However, this figure accounts for only 83% of Coal India's FY25 annual target of 838 MT.

To achieve its full-year production goal, the company would need to produce approximately 142 MT in March, which is the final month of the financial year.

Company Details

Alongside production figures, Coal India also reported on its offtake performance:

• February offtake: 62.1 MT, reflecting a 4.8% year-on-year decline.
• Year-to-date offtake: 693.4 MT, a 1.3% increase from the previous year.

The reduction in offtake during February has been associated with factors such as lower power demand and inventory adjustments, contributing to the decline in volumes.

Summary

In its latest operational update, Coal India recorded a slight decrease in production and offtake during February 2025. While year-to-date figures show moderate growth in production and offtake, the company's current output covers 83% of its annual production target, with a significant production requirement remaining for the final month of the fiscal year. These developments reflect the ongoing operational challenges faced by the company in meeting its FY25 objectives.