Shares of Bharat Coking Coal closed up 1.30% at ₹31.15 on the BSE, a modest gain after the board approved a 0.1%–14% price hike for select steel‑grade coking coal.
The June‑quarter revenue slipped 4% year‑on‑year to ₹3,587 crore from ₹3,720 crore, while the offtake fell 14% to 7.72 MT from 8.98 MT.
EBITDA swung to a loss of ₹64.5 crore, compared with a positive ₹191 crore the previous year, driving the margin to –1.8% from a healthy 5.1%.
Net loss widened to ₹68 crore against a ₹177 crore profit earlier this year; other income dipped 25% to ₹136 crore and other expenses rose 13% to ₹1,233 crore.
The price rationalisation, covering Steel Grades I and II, Direct Feed, PCC Washery W‑II to VI and HVMC Washery W‑I to VI, aims to correct disproportionate differentials and could lift margins if demand sustains.