Central Mine Planning Shares Drop 5% Following 32% Year-on-Year Profit Decline
Central Mine Planning stock falls 5% after Q4 results, profit down 32% YoY
Business Standard
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Shares of Central Mine Planning and Design Institute (CMPDI), a subsidiary of Coal India, fell nearly 5% to ₹176.4 after announcing a 32% drop in profit after tax for Q4FY26. Despite an 11.7% increase in revenue, rising expenses impacted profitability, leading to a market capitalization of ₹12,673.5 crore.
- 01CMPDI's shares fell nearly 5% after Q4FY26 results.
- 02Profit after tax decreased by 32% year-on-year.
- 03Revenue from operations increased by 11.7% to ₹826.88 crore.
- 04Total expenses surged by 42%, impacting profit margins.
- 05The company plans to issue a final dividend of ₹1.06 per share.
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Shares of Central Mine Planning and Design Institute (CMPDI), a subsidiary of Coal India, fell nearly 5% to ₹176.4 on the National Stock Exchange (NSE) after the release of its Q4FY26 results. The company's profit after tax (PAT) declined by 32% year-on-year, totaling ₹187.82 crore, compared to ₹275.96 crore in the same quarter last year. This decline occurred despite a 11.7% increase in revenue from operations, which reached ₹826.88 crore, up from ₹740.33 crore in the previous year. However, total expenses rose significantly by 42% to ₹589 crore, compared to ₹415 crore in the corresponding quarter of the previous fiscal year, which adversely affected profitability. For the full fiscal year 2026, CMPDI reported a 10.17% increase in revenue to ₹2,316.53 crore, while PAT for the year fell 8% to ₹613.18 crore. The board has recommended a final dividend of ₹1.06 per share, pending shareholder approval.
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The decline in profit may affect investor confidence and future investment in CMPDI, potentially impacting job security and operational decisions.
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