Coal India Q1 capex rises 16.6% YoY

Coal India, a major coal producer in India, spent a lot of money in the first three months of the financial year 2027.

They spent ₹3,399 crore, which is 16.6% more than last year and more than their planned amount.

This money was used for buying land, building roads and railways to move coal, and buying big machines for mining.

They also spent money on solar projects and other businesses.

Even though they made more money, their costs also went up, making their profits grow only a little.

This shows they are working hard to improve their mining and clean energy projects.