Coal India lost 2.56% to Rs 277.65 at 10:41 IST on BSE after consolidated net profit declined 0.83% to Rs 3052.36 crore on 5.57% growth in total income to Rs 17594.28 crore in Q2 September 2013 over Q2 September 2012.
The result was announced after market hours on Wednesday, 13 November 2013.
Meanwhile, the S&P BSE Sensex was up 336.05 points or 1.66% at 20,530.45.
On BSE, 99,000 shares were traded in the counter as against average daily volume of 4 lakh shares in the past two weeks.
The stock hit a high of Rs 283 and a low of Rs 276.85 so far during the day.
Coal India is the largest coal producer in the world.
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