Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ended 30th June, 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results

Audit Opinion:

Limited Review Report - No modification to opinion, but several matters of attention highlighted.

Auditor’s Comment:

Auditors drew attention to several matters including revenue recognition practices for royalties/levies collected on behalf of third parties, classification issues for exploration expenditures, a significant contingent liability related to environmental penalty at Tirodi Mine, temporary shutdown of EMD and FMP plants, and non-assessment of impact from new Labour Codes.

Key Financial Highlights [₹ in lakhs]:

Standalone Results:

Revenue from Operations: ₹37088.33 lakhs (Q1 FY26: ₹34805.98 lakhs; +6.6% YoY)

Total Income: ₹39113.36 lakhs (Q1 FY26: ₹37052.47 lakhs)

Net Profit: ₹8761.61 lakhs (Q1 FY26: ₹5150.58 lakhs; +70.1% YoY)

EPS: ₹4.31 (Basic and Diluted) (Q1 FY26: ₹2.53)

Other Equity: ₹257960.11 lakhs (31st March 2026: ₹250576.30 lakhs)

Consolidated Results:

Not Prepared. The newly incorporated Joint Venture with MPSMCL (MOIL MPSMCL Mining Limited) is yet to commence business.

Segment-wise Performance [₹ in lakhs]:

Segment Revenue:

Mining Products: ₹36007.96 lakhs (Q1 FY26: ₹32153.41 lakhs)

Manufactured Products: ₹846.01 lakhs (Q1 FY26: ₹2927.12 lakhs)

Power: ₹663.20 lakhs (Q1 FY26: ₹616.52 lakhs)

Segment Results (Profit before tax and interest):

Mining Products: ₹8718.37 lakhs (Q1 FY26: ₹3201.68 lakhs)

Manufactured Products: ₹12.25 lakhs (Q1 FY26: ₹567.04 lakhs)

Power: ₹406.71 lakhs (Q1 FY26: ₹367.23 lakhs)

Corporate Actions:

Not Specified

Other Significant Information:

  • The Electrolytic Manganese Dioxide (EMD) Plant and Ferro Manganese (FMP) Plant remained under major repairs during the quarter for technology enhancement and process improvement.
  • The company has not assessed the potential impact of new Labour Codes effective from 21st November 2025.
  • Previous period figures have been regrouped/reclassified for comparability.