By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News for IndiaNews for IndiaNews for India
  • Home
  • Posts
  • Search Page
  • About us
Reading: Maharatna PSU Coal India declares record date for final dividend. Details here | Stock Market News
Share
Font ResizerAa
News for IndiaNews for India
Font ResizerAa
  • Economics
  • Business
  • Home
  • Categories
    • Business
    • Economics
  • About us
  • Sitemap
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
News for India > Business > Maharatna PSU Coal India declares record date for final dividend. Details here | Stock Market News
Business

Maharatna PSU Coal India declares record date for final dividend. Details here | Stock Market News

Last updated: August 6, 2025 1:23 pm
2 hours ago
Share
SHARE


Maharatna PSU Coal India has announced the record date to determine shareholders eligibility for the payment of final dividend of ₹5.15 per share of the face value of ₹10 apiece.

According to the exchange filing dated August 4, the PSU company has set Thursday, August 21, as the record date for shareholders eligibility.

“ The dividend, if approved at the AGM will be paid within 30 days of the approval in the AGM. The Company has fixed Thursday, 21st August’25 as the “Record Date” for the purpose of determining the Members eligible to receive Final Dividend for the Financial Year 2024-25. The dividend, if approved at the AGM will be paid within 30 days of the approval in the AGM.” the company said in the filing.

The company further added that the dividend will be paid to the shareholders on Thursday, August 21, 2025.

“ The dividend, as declared by the Board will be paid to shareholders holding equity shares of the Company, either in electronic or in physical form as on Thursday, 21st Aug 2025, i.e, Record Date,” the company added.

On May 7, 2025, the Maharatna PSU company declared a final dividend alongside its January to March quarter results. It announced a final dividend of ₹5.15 per share on shares with a face value of ₹10 each.

“The board of directors in its meeting held on date had recommended payment of final dividend for the financial year 2024-25 @ ₹5.15 per share of the face value of ₹10 as recommended by the Audit Committee of CIL in its meeting held on date subject to the approval of the Members at the ensuing Annual General Meeting (AGM) of the company,” said Coal India in the exchange filling.

Coal India Q1 Results 2025

State-owned miner Coal India reported a 20 per cent year-on-year drop in consolidated net profit, which stood at ₹8,734 crore for the first quarter. Revenue also declined by 4 per cent YoY to ₹35,842 crore during the same period.

Coal offtake for the quarter fell to 191.04 million tonnes, down from 198.92 million tonnes in Q1FY25. Similarly, production slipped to 183.32 million tonnes compared to 189.28 million tonnes a year earlier. Stripping activity, a crucial indicator in coal mining, decreased 5 per cent YoY to 507.72 million cubic metres.

The average realisation per tonne remained nearly unchanged at ₹1,673. However, reduced e-auction volumes and weaker price realisations impacted margins. E-auction volumes dropped by 1.87 million tonnes, and realisation per tonne fell by over ₹79.

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.



Source link

You Might Also Like

Top Gainers and Losers on August 06: Bosch, Redington, PG Electroplast, Britannia, Coforge among top losers today | Stock Market News

The dollar saw a nice bounce in July. Where will it go next.

PFC Q1 net profit rises 21% to ₹4502 crore: Declares dividend; Share price gains | Stock Market News

JSW Cement IPO opens on 7 August: GMP, issue details, 10 key things to know | Stock Market News

DLF needs a wow factor even after a solid start to FY26

TAGGED:Coal India final dividend 2025Coal India final dividend 2025 record dateCoal India final dividend detailsCoal India final dividend record dateCoal India Q1 ResultsCoal India Q1 Results 2025Maharatna PSU Coal India
Share This Article
Facebook Twitter Email Print
Previous Article SBI Life to Indigo – Jay Thakkar suggests three stocks to buy or sell for short-term in F&O segment | Stock Market News
Next Article Trump’s tariff playbook comes with a baseball twist
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

We influence 20 million users and is the number one business and technology news network on the planet.

Find Us on Socials

News for IndiaNews for India
© Wealth Wave Designed by Preet Patel. All Rights Reserved.
  • BUSINESS