Coal India production at the end of Q3 is at 60% of its full year target

State-run Coal India Ltd

. reported its production figures for the month of December, as well as for the third quarter, on Thursday, January 1.

For the month of December, Coal India's production increased by 4.6% from the same month last year to 75.7 MT. December's production has taken the year-to-date production figure to 529.2 MT.

However, the figure for the first nine months of 2026, is 2.6% lower than the 543.4 MT figure reported for the same period in financial year 2025.

The overall production figure so far is 60% of Coal India's financial year 2026 production guidance of 875 MT.

Production for Coal India is generally lower in the first half of the year, due to the monsoons, and then picks up in the second half.

Majority of the production growth in the month of December came from South Eastern Coal Fields, where production growth stood at 28% from last year. Eastern and Central Coalfields also saw an increase in production in December.

However, the company's offtake for the month of December was down 5.2%, despite the increase in production. For the year so far, Coal India's offtake is down by 2.2% from last year to 544.7 MT.

Coal India has been in focus recently, on news that the PMO has directed the company to list all of its subsidiaries by financial year 2030. Plans for the IPOs of Bharat Coking Coal, Mahanadi Coalfields and other units are already in the works.

Shares of Coal India are off the highs of the day after the business update release, currently trading little changed at ₹399.75. The stock is up 4% in the last 12 months.