Singareni workers to share ₹596 crore as the Dasara profit bonus
13 October 2026
Telangana Deputy Chief Minister and Finance Minister Mallu Bhatti Vikramarka announced the Dasara profit-sharing bonus for workers of Singareni Collieries Company Limited (SCCL) in Hyderabad on 13 October 2026.
Each of the 38,737 permanent employees will get an average profit-sharing amount of ₹1,53,912.
In addition, 29,717 contract workers will receive ₹5,500 each.
The government has decided to distribute 34% of Singareni's profits among the workers, continuing the practice of earlier years.
The company's net profit this year is ₹1,754 crore, of which ₹596 crore goes to the workers as their share.
The Deputy Chief Minister said formalities for about 250 to 300 pending dependent employment orders would be completed within 15 days.
Officials were told to identify Singareni land where mining has not been taken up and to prepare housing layouts there for workers.
In plain words
SCCL Singareni Collieries Company Limited — The coal company that works the Godavari valley coalfield in Telangana.
Profit-sharing bonus — A bonus paid out of a company's profits rather than as a fixed amount.
Dependent employment — A job given to a dependant of a worker who died in service or was medically invalidated.