Coal India’s May 2024 Production Hits 64.4 Million Tons, Up 7.5%

Listen to our Podcast: Grow your wealth and keep it secure.

0:00 / 0:00


Coal India reported a 7.5% increase in coal production to 64.4 million tons in May 2024. Offtake rose by 7.2% to 68.2 million tons. April-May production increased by 7.4%, and quarterly profit grew by 26% to ₹8,640.5 crore.

Coal India News Today

State-owned Coal India and its subsidiaries achieved coal production of 64.4 million tons in May 2024, marking a 7.5% increase compared to 59.9 million tons in May 2023. Coal offtake also saw a significant rise, reaching 68.2 million tons in May 2024, up 7.2% from 63.7 million tons in May 2023.

Explore: Coal India

April-May 2024 Cumulative Performance

During the April-May 2024 period, Coal India produced a total of 126.2 million tons of coal. This represents a 7.4% increase from the 117.5 million tons produced during the same period the previous year.

Total coal offtake for April-May 2024 stood at 132.3 million tons, reflecting a 5% rise from 125.9 million tons in the corresponding period last fiscal year.

Additional Read: Coal India Ltd. – A Detailed Analysis

April 2024 Performance

In April 2024, Coal India reported coal production of 61.8 million tons, a 7.3% increase year-on-year. The company’s coal offtake in April 2024 was 64.3 million tons, up 3.2% from 62.3 million tons in April 2023.

Fiscal Fourth Quarter Earnings

Earlier in May, Coal India announced a 26% growth in profit for the fiscal fourth quarter, reaching ₹8,640.5 crore, compared to ₹6,869.5 crore in the previous year. Despite a 2% decline in revenue from operations, which fell to ₹37,410.4 crore from ₹38,152.3 crore, the company's bottom line improved significantly.

Market Share

Coal India accounts for over 80% of domestic coal production, solidifying its position as a critical player in India's energy sector.

Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

For All Disclaimers Click Here:

Share this article: 

Read More Blogs

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

7.5 Lacs+ Users


4.3+ App Rating


4 Languages


₹4300 Cr MTF Book