Business · Companies · 1 hr ago
Singareni sets 34% profit bonus for workers, lower than last year
Telangana has announced a profit bonus for Singareni workers at the state-owned coal company.
Deputy Chief Minister Bhatti Vikramarka said the company made ₹1,754 crore in net profit in 2025–26.
The company will allocate 34% of that profit, or ₹596 crore, to workers.
Reports put the average payment to permanent workers at about ₹1.54 lakh, compared with ₹1,95,610 last year.
About 30,000 contract workers are to receive ₹5,500 each, the same amount as last year.
The bonus share matches last year’s percentage, although worker unions had sought 35%.
The lower-than-expected profit figure has drawn union questions, with one union leader saying the company may have earned more and asking where the difference went.
The sources do not state when the payments will be made.
Singareni announced a 34% profit bonus for its permanent workers for the 2025-26 financial year.
Deputy Chief Minister Bhatti Vikramarka said the company made a net profit of ₹1,754 crore.
The company allocated ₹596 crore for workers’ bonuses, with the per-worker amount reported as ₹153,912 by Eenadu and ₹154,000 on average by Andhrajyothy.
Contract workers are to receive ₹5,500 each, the same amount as last year.
The permanent-worker bonus is lower than last year’s ₹195,610, while a union leader questioned the declared profit and said the bonus decision was made unilaterally.
- Who
- Singareni workers, including permanent and contract workers, are receiving bonuses. Deputy Chief Minister Bhatti Vikramarka announced the decision.
- What
- Singareni set a 34% profit bonus for permanent workers and ₹5,500 for each contract worker.
- When
- The announcement was made on Tuesday, October 13, 2026.
- Where
- Singareni, Telangana. The announcement was reported from Mancherial and Hyderabad.
- Why
- The bonus was allocated from the company’s profits for the 2025-26 financial year.
Singareni management and Telangana government
AITUC union leader Vasireddy Seetharamaiah
Declared profit
Singareni management and Telangana government
The government announced net profits of ₹1,754 crore for 2025-26.
AITUC union leader Vasireddy Seetharamaiah
Seetharamaiah said the company had reportedly made more than ₹2,600 crore and questioned where the remaining amount went.
Bonus decision
Singareni management and Telangana government
The government set the workers’ share at 34% of profits.
AITUC union leader Vasireddy Seetharamaiah
Seetharamaiah said the government acted unilaterally and should have discussed the decision with union representatives.
Singareni produced 58 million tonnes of coal and recorded net profits, according to the reports.
Bhatti Vikramarka announced the profit figures and the worker bonus.
AITUC president Vasireddy Seetharamaiah criticized the decision and questioned the reported profit.
- Net profit
- ₹1,754 crore for 2025-26
- Permanent-worker bonus share
- 34%, or ₹596 crore
- Bonus per permanent worker
- ₹153,912, according to Eenadu; about ₹154,000 on average, according to Andhrajyothy
- Contract-worker bonus
- ₹5,500 each
- Last year’s permanent-worker bonus
- ₹195,610 per worker, according to Andhrajyothy
What people are saying
We decided to give employees a 34% bonus, as last year.
The government acted unilaterally in announcing the profit share.
The government must disclose where the remaining amount went.
Sources
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