BCCL Faces Loss Amid Revenue Dip Despite Historic IPO Debut

Bharat Coking Coal Ltd (BCCL), a prominent arm of Coal India, has reported a financial loss of Rs 22.8 crore for the quarter ending December 2025, attributed to a notable decline in revenue. The company, which made headlines post its recent market debut, had reported a substantial profit of Rs 424.99 crore in the same period a year earlier.

BCCL's income fell to Rs 2,853.24 crore for the October-November period, down from Rs 3,756.86 crore the previous year, according to a filing with the BSE. Despite this, BCCL's stock market debut on January 19, 2026, was remarkable, achieving a premium of over 95% against the issue price of Rs 23, and a historic IPO subscription of 146.8 times.

Coal production saw a decrease, with output in the first nine months of the current fiscal year dropping to 24.65 million tonnes, compared to 29.06 million tonnes a year ago. BCCL continues to play a vital role in supporting India's steel sector, leveraging cutting-edge mining technologies in its operations across Jharkhand and West Bengal, particularly in the Jharia Coalfield, while addressing environmental and community safety challenges.