Caliber Mining and Logistics Records Highest-Ever Quarterly Revenue Amid Operational Peak and Fuel Cost Pressures

Caliber Mining and Logistics Records Highest-Ever Quarterly Revenue Amid Operational Peak and Fuel Cost Pressures​

Caliber Mining and Logistics Limited (CMLL), formerly known as Caliber Mercantile Private Limited, has announced its unaudited consolidated and standalone financial results for the first quarter of FY27, ended June 30, 2026. The company reported record-high quarterly revenue and significant operational achievements across mining activities, although profitability faced compression due to sharp increases in fuel costs.

The Q1 FY27 performance demonstrated strong core operations, with coal extraction reaching a high of 1.54 MMT, marking a 27% year-on-year (YoY) increase. Furthermore, CMLL achieved its highest ever quarterly overburden removal figure at 43.37 MCUM, which represents a 52% YoY growth.

Q1 FY27 Financial Overview​

The consolidated results show substantial top-line growth for the mining and logistics firm. Consolidated Total Income grew by 67.37% YoY to reach ₹658.98 Cr, while Revenue from Operations increased by 67.10% YoY to ₹657.05 Cr.

The table below provides a detailed comparison of key financial metrics across the quarters:


*Cash Profit is defined as PAT plus Depreciation and Amortisation plus Impairment Loss minus Lease Rentals.

Financial Performance Analysis​

Consolidated EBITDA grew by 15.36% YoY, rising from ₹95.68 Cr in Q1 FY26 to ₹110.37 Cr in Q1 FY27, a rise attributed to increased volume growth across operations. However, the margin remained under pressure due to a sudden and significant spike in international crude oil prices, which triggered a sharp increase in diesel and fuel costs starting from March 2026.

PAT for the quarter was reported at ₹29.76 Cr, showing a decline YoY. This downturn is attributed to rising fuel costs, increased finance costs, and depreciation charges resulting from fleet expansion initiated to service existing orders. Despite these pressures on reported earnings, the company's Cash Profit maintained underlying strength, increasing by 23.79% YoY.

Order Book Provides Strong Visibility​

As of June 30, 2026, CMLL holds a robust order book valued at ₹9,124.81 Crore. This figure represents more than five times the consolidated revenue achieved in FY26 (₹1,677.66 Cr), providing the company with strong multi-year revenue visibility and underscoring sustained demand for its mining and logistics services portfolio.

Management Commentary​

Commenting on the results, Mr. Mohit Chadda, Chairman and Managing Director of Caliber Mining and Logistics Limited, stated that Q1 FY27 demonstrated strong operational performance through record coal extraction and overburden removal, resulting in an all-time high quarterly turnover. He acknowledged that while operations performed strongly, EBITDA margins would have mirrored earlier years had it not been for the sudden surge in fuel costs driven by the geopolitical situation starting in March 2026. Mr. Chadda added that the company expects crude prices to stabilize and soften in the near term, which should allow operational margins to normalize.

CMLL is engaged in mining and logistics services, including overburden removal, excavation, and transportation for the mining sector, with its headquarters located in Chandrapur, Maharashtra.

CMLL Stock Price Movement​

On Tuesday, shares of Caliber Mining and Logistics Limited edged higher to close at ₹576.80, after gaining 0.96%. The equity posted a gain of ₹5.50 during the session, with 793,973 shares traded.