StockWatch
·
Coal
Quarterly Updates28 Jul 2026, 01:42 pm

Coal India Capex Up 16.64% to ₹3,399 Cr in Q1 FY'27

AI Summary

Coal India Limited (CIL) reported a capital expenditure (capex) of ₹3,399 crore in Q1 FY'27, a 16.64% increase from ₹2,914 crore in the prior year's corresponding period. This figure surpassed the quarterly target of ₹3,349 crore, reaching 101.5% of the planned expenditure. The spending represents 20.60% of the annual capex target of ₹16,500 crore. Key investment areas included land acquisition (₹804 crore), coal evacuation infrastructure (₹754 crore), and plant & machinery (₹819 crore), collectively accounting for over 75% of the total capex. CIL also invested ₹278 crore in solar projects and ₹207 crore in joint ventures as part of its clean energy diversification.

Key Highlights

  • Q1 FY'27 capex rose 16.64% YoY to ₹3,399 crore.
  • Exceeded quarterly target, achieving 101.5% of planned expenditure.
  • Land acquisition and evacuation infrastructure were major investment areas.
  • Clean energy investments include ₹278 crore in solar projects.
  • Capex forms 20.60% of the ₹16,500 crore annual target.