Coal India produced 321 million tonne (MT) of coal during the first half of the financial year 2027, achieving around 39% of its full-year production target of 815 MT, according to the company’s provisional operational update released on Thursday, October 1.
Production during the April-September period was down 2.5% year-on-year from 329.1 MT a year earlier. Coal India will need to produce around 494 MT in the second half of FY27 to meet its full-year target.
Usually, Coal India’s production is lower in the first half due to the rains and it picks up in the second half of the year.
The state-run miner’s production performance improved in September, with output rising 9.2% to 53.5 MT compared with 49 MT in the same month last year.
Offtake rises 7.6% in H1
Coal India reported stronger growth in offtake during the first half of the year. Offtake rose 7.6% to 384.2 MT in April-September, compared with 357 MT in the corresponding period last year.
For September, offtake increased 12.5% to 61.2 MT from 54.4 MT a year earlier.
The September improvement comes after a weaker start to FY27. In the April-June quarter, Coal India’s production had declined 7.5% year-on-year to 169.6 MT, while offtake grew 3.5% to 197.7 MT. With 151.4 MT of production added during July-September, the company’s first-half production decline narrowed to 2.5%.
The company’s H1 production performance comes against the backdrop of seasonally weaker output during the monsoon months.
Coal India had set an 815 MT production target for FY27 and, in its May update, had also outlined a plan to reduce inventory to 95 MT from 130 MT.
Subsidiary-wise performance
Among Coal India’s subsidiaries, Western Coalfields (WCL) recorded the strongest production growth in September at 85.5%, followed by Central Coalfields (CCL) at 27.5% and Mahanadi Coalfields (MCL) at 22.3%.
Production at Northern Coalfields (NCL) declined 26.1% during the month.
On the offtake front, MCL reported 19.2 MT in September, up 15.1% year-on-year, while WCL recorded the sharpest increase at 92.7%. NCL’s offtake, however, declined 21.3%.
The September data is provisional and was generated from Coal India’s Enterprise Resource Planning (ERP) report on October 1, 2026.
Coal India shares react
Shares of the company rose from the day’s lows following the September update on Thursday. The stock is currently trading more than 1% down at ₹420.30. It has gained about 5% so far in 2026 and over 8% in the last year.
