Coal India Profit Plunges 31% Despite Big Dividend; L&T, Varun Beverages Ride Q2 Earnings Wave
In-Depth: Q2 Earnings Highlights and Market Impact India’s earnings season reached a crescendo on October 29, with over 65 companies declaring quarterly results business-standard.com. Two heavyweights, Coal India and L&T, were in the spotlight – one for a profit slump, the other for expected resilience – and their announcements did not disappoint in drawing market reactions. Coal India: Profit Plunge and a Sweetener for Shareholders Coal India, the world’s largest coal producer, reported a steep fall in profit as higher costs and softer coal prices eroded its bottom line. Consolidated net profit for Q2 FY26 fell to ₹4,262–4,354 crore, a
