Bharat Coking Coal Feb Business Update

Parent Company: Coal India Limited (Subsidiary: Bharat Coking Coal Ltd – BCCL) Production Highlights (YoY) • Total Raw Coal Production: 3.50 MT (Flat YoY) • Coking Coal Production: 3.26 MT (↓ 1.6% vs 3.31 MT) • Non-Coking Coal Production: 0.24 MT (↑ 30% vs 0.18 MT) • Total Offtake (Raw Coal): 2.16 MT (↓ 28.7% vs 3.02 MT) What Stands Out While overall production remained stable, offtake declined sharply, which may impact near-term revenue realization. Growth in non-coking coal partly offset the dip in coking coal output. Learning Outcome For commodity companies, both production and offtake matter. Stable output with weak offtake can signal demand or dispatch challenges, directly affecting revenue and cash flow.