On January 31, 2025, Coal India shares to trade ex-date, meaning that the shareholders registered in the company’s books will be eligible for its 2nd interim dividend of ₹5.60 for FY25.
Ex-Date | Dividend Type | Dividend Amount (₹) |
Nov 5, 2024 | Interim | 15.75 |
Aug 16, 2024 | Final | 5 |
Feb 20, 2024 | Interim | 5.25 |
CIL’s coal production in the first nine months of FY25 increased slightly by 2% year-on-year to 543 MT, though this was affected by land-related issues and heavy rainfall. As a result, CIL has lowered its FY25 production target to approximately 806 MT, down from the previous estimate of around 838 MT. Nevertheless, CIL is still aiming for a production target of 1,000 MT by FY27, in line with the government’s objective of ensuring a 24×7 power supply.
Additionally, CIL is progressing on 119 coal projects with a total capacity of 896 MT, involving an investment of around ₹1.3 lakh crore. These projects include enhancing first-mile connectivity, developing railway lines for coal transportation, and collaborating with 15 MDOs.
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Published on: Jan 31, 2025, 8:27 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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