MOIL Limited announced its April production performance. The company stated that it has begun FY26 on a strong note by achieving its highest-ever April manganese ore production, reinforcing its commitment to operational excellence.
MOIL commenced FY26 on a high note with its highest-ever April production of Manganese (Mn) ore, reaching 1.62 lakh tonnes, marking a 1.5% increase over the corresponding period last year. The company also ramped up exploratory core drilling to 11,453 meters, a notable 58% jump year-on-year, underscoring its long-term growth strategy.
Shri Ajit Kumar Saxena, CMD, MOIL, stated, “MOIL’s April performance sets a positive tone for the year ahead. The organisation remains committed to sustained growth and value creation.”
Earlier this month, the company also declared its financial performance for Q4 and FY25. In the fourth quarter of FY25, MOIL reported a 27% rise in Profit After Tax (PAT) to ₹115.65 crore. The revenue from operations stood at ₹433.40 crore, registering a 4% increase over the corresponding quarter of the previous year, reflecting consistent demand for manganese ore and related products.
For the entire fiscal year, MOIL delivered a 30% growth in PAT, reaching ₹381.64 crore, while revenue from operations rose to ₹1,584.94 crore, up by 9% year-on-year. Operationally, MOIL produced 18.03 lakh tonnes of Mn ore, a 3% growth, and achieved 15.87 lakh tonnes in ore sales, rising 3.3% over FY24.
The company also saw a record ferro manganese sales volume of 12,942 MT, marking a 54% increase year-on-year. Exploratory drilling activities for FY25 totaled 1,07,530 meters, showing a 22% growth, reinforcing MOIL’s focus on resource expansion and reserve building.
MOIL’s Board of Directors has proposed a final dividend of ₹1.61 per equity share, in addition to the ₹4.02 interim dividend declared earlier, taking the total dividend for FY25 to ₹5.63 per share.
On May 5, 2025, MOIL share price opened at ₹340.00, up from its previous close of ₹338.70. At 11:46 AM, the share price of MOIL was trading at ₹334.25, down by 1.31% on the NSE.
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MOIL’s performance across FY25 and its operational kickoff in FY26 underlines its steady growth trajectory, strategic investments in exploration, and consistent shareholder returns.
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Published on: May 5, 2025, 11:51 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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