India's Bharat Coking Coal slides on quarterly loss, lower sales

Bharat Coking Coal

04/02/2026 04:20

** Shares of India's Bharat Coking Coal BARC.NS down 3.5% at 37 rupees

** India's top coking coal producer posted third-quarter loss of 228.8 million rupees ($2.53 million) vs a profit last year

** Co's quarterly sales decline 25% y/y

** Stock, which marked stellar market debut in January, has gaine 62.2%, compared with its IPO issue price of 23 rupees

($1 = 90.5025 Indian rupees)

 (Reporting by Hritam Mukherjee in Bengaluru)

 ((Hritam.Mukherjee@thomsonreuters.com;))