Mahanadi Coalfields Ltd (MCL), a subsidiary of Coal India Ltd (CIL), said that it had produced 168 million tonnes (MT) of coal during the financial year 2021-22, registering a growth of about 14 per cent over the previous fiscal.

• The 5 index signals smart traders watch before placing a single order
• Kwality Pharma Hits 52-Week High After Record FY26 Revenue
• Jay Bharat Maruti Hits 20% Upper Circuit on 287% Profit Surge
• ZEEL Falls 6% After Q4 Swings to Net Loss on Ad Revenue Miss
• Overnight Stock Market Movements: Key Developments 

The company said it had set new milestones in all the performance parameters vis-a-vis coal production, despatch and overburden removal (OBR).

Addressing a press conference here, MCL Chairman-cum-Managing Director O.P. Singh said: “The last fiscal has been a great year, full of achievements for the company, and I am happy to inform you that MCL’s achievement in coal production had been 103 per cent of the target at a record 168.17 million tonne for the financial year ended yesterday.”