StocksMedium•29 October 2026•
1 min read
Coal India Quarterly Profit Misses Estimates as Rising Costs Offset Demand
Key Facts
1Coal India reported a smaller-than-expected quarterly profit on Thursday.
2Rising costs for the company overpowered the impact of strong demand for the raw material.
Coal India reported a smaller-than-expected quarterly profit on Thursday, October 29, 2026. Reuters reported that rising costs for the company overpowered the impact of strong demand for the raw material during the period.
The financial results follow mixed industrial data from India, where industrial production grew by 6.7% year-on-year on October 28, 2026, missing the 7.2% forecast. Manufacturing production also recorded a 7.6% increase on the same day, trailing the expected 8.6% growth rate.