Mumbai, Oct. 29 -- Profit before tax tanked 25% to Rs 6,114.58 crore in Q2 FY26, as against Rs 8,153.37 crore in Q2 FY25.

During the quarter, total expenses stood at 2,642.46 crore in Q2 FY26, up 7.09% from Rs 24,670.70 crore posted in Q2 FY25. The cost of material consumed was at Rs 2,289.02 crore in Q2 FY26, down 0.24% from Rs 2,294.54 crore posted in Q2 FY25. While employee benefits expenses stood at Rs 10,730.25 crore (down 3.39% YoY), finance cost stood at Rs 286.87 crore (up 37.82% YoY) during the quarter.

On a half year basis, the company's consolidated net profit tanked 24.06% to Rs 13,097.66 crore on 3.17% decline in total income to Rs 69,785.21 crore in H1 FY26 over H1 FY25.

Meanwhile, the board of directors of Coal India (CI...