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Singareni declares 34 per cent profit share bonus
['Telangana Today']
Telangana Today
Singareni declares 34 per cent profit share bonusSingareni Collieries declared a 34% profit share bonus for 2024–25, allocating ₹819 crore to over 71,000 employees.
While leaders hailed expansion, unions demanded a higher share and criticised profit calculations.
By Telangana Today Published Date - 22 September 2025, 02:53 PMHyderabad: Singareni Collieries Company Limited (SCCL) has announced a 34 per cent of its profit for 2024-25 as bonus, benefitting over 71,000 regular and contract employees.
While around 41,000 regular workers will receive a bonus of Rs 1.95 lakh each, around 30,000 contract workers will get Rs 5,500 each.
They accused SCCL of under-calculating distributable profit by deducting expansion costs, slashing workers’ share nearly by half.
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