Coal India lifts October coal output 19% year on year
Coal India reported October coal output up 19.3% and offtake up 18.7% year on year. The figures are provisional, according to Moody's.
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what happened
State-owned Coal India Ltd (CIL) said on Sunday that its October coal production rose 19.3% year on year to 67.2 million tonnes (MT), from 56.4 MT a year earlier. Offtake for the month reached 70.3 MT, up 18.7% from 59.2 MT. Moody's, which published the report, noted that the data are provisional and were filed with the stock exchanges.
For the April-October period of 2026-27, CIL's output edged up 0.7% to 388.2 MT from 385.5 MT a year earlier. Offtake over the seven months grew 9.2% to 454.6 MT from 416.2 MT.
why it matters
The gap between strong offtake growth and nearly flat production over seven months suggests the company is shipping more coal than it mines, which could draw on stockpiles. For the coal market, the October jump points to firm demand in India, though one strong month may not be sustained.
market impact
Coal: strong Coal India offtake points to firm demand for thermal coal in India
tags
instruments
sources
- Coal India records 19% growth in October production — Moody's, 1 November 2026 at 10:02 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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