Bharat Coking Coal shares crash 8% after Coal India arm posts Rs 68 crore Q1 net loss

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Bharat Coking Coal (BCCL) shares crashed over 8% to an intraday low of Rs 34.40 after the Coal India subsidiary reported a Q1 FY27 net loss of Rs 68 crore. EBITDA plunged around 81% YoY to Rs 71.5 crore, while production dropped 27% YoY to 9.53 million tonnes and offtake fell 14% YoY to 10.62 million tonnes, missing targets on both fronts. Revenue rose about 4% YoY to Rs 3,587 crore.