Coal India’s Board of Directors has declared and approved the 2nd interim dividend for FY 2025 of ₹5.60 per equity share of face value ₹10 each.
On January 29, 2025, Coal India share price opened at ₹372.50, and closed at ₹380.60. The stock price touched its day’s high at ₹385.00.
The Board of Directors in their meeting held on January 27, 2025, approved the 2nd interim dividend for FY 2025 at ₹5.60 per equity share with a face value of ₹10. The company has set Friday, January 31, 2025, as the Record Date for determining eligibility for the 2nd Interim Dividend. The payment of the 2nd Interim Dividend for FY 2024-25 is scheduled to be completed by February 26, 2025.
The company reported a revenue from operations of ₹35,780 crore in Q3 FY 2024-25, marking a slight 1% decline compared to ₹36,154 crore in the corresponding quarter of the previous financial year.
Profit After Tax (PAT) stood at ₹8,491 crore for Q3 FY 2024-25, a notable 17% decrease from ₹10,292 crore in Q3 FY 2023-24.
Coal India Ltd is primarily involved in the mining and production of coal and also operates coal washeries. The main consumers of the company are the power and steel sectors. The company also serves other sectors such as fertilisers, cement, brick kilns etc.
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Published on: Jan 30, 2025, 8:51 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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