BCCL swings to profit in Q2FY27; revenue rises 39%.

Bharat Coking Coal Limited (BHARATCOAL) has reported its standalone Q2FY27 results. Revenue stood at ₹4,413 crore versus ₹3,173 crore, up 39.10% YoY and 23.18% QoQ. Revenue from operations was ₹4,413 crore versus ₹3,173 crore. EBITDA turned positive at ₹200 crore from a loss of ₹384 crore YoY and a loss QoQ. EBITDA margin improved to 4.50% from -12.10% YoY and -1.80% QoQ. Profit after tax (PAT) swung to ₹124 crore from a loss of ₹53 crore YoY and a loss QoQ. Earnings per share (EPS) stood at ₹0.27 versus a loss of ₹0.11 YoY and a loss of ₹0.15 QoQ. The key triggers are the 39% YoY revenue growth and the turnaround to profit at both EBITDA and PAT levels after previous losses. This reflects improved realisations and operational performance in coking coal. Peers such as Coal India, Central Coalfields, and Northern Coalfields may face comparison on volume growth and margin recovery. Near-term prices could react positively to the return to profitability. Risks include volatility in coal realisations or any slowdown in offtake. Competitors listed: Coal India, Central Coalfields, Northern Coalfields. We have no financial interest in this news.