Financial Performance (Q1 FY 2026-27 vs Q1 FY 2025-26)
- Revenue from Operations: Increased by 7% to ₹370.88 crore from ₹348.06 crore
- Total Revenue: Rose by 6% to ₹391.13 crore from ₹370.52 crore
- Profit Before Tax (PBT): Registered 75% increase to ₹111.62 crore from ₹63.82 crore
- Profit After Tax (PAT): Increased by 70% to ₹87.62 crore from ₹51.51 crore
Operational Performance
- Manganese Ore Production: Stood at 507,605 MT, marking 1% increase over 502,260 MT in Q1 FY26
- Manganese Ore Sales: Reached 369,049 MT, up 4% from 356,196 MT in same period last year
Management Commentary
The MOIL management appreciated the efforts of their team, stating: "These results reflect the dedication and hard work of our entire workforce. The operational discipline and commitment shown by our team have enabled the company to maintain growth across key metrics. As we move forward, MOIL remains focused on improving operational efficiency and meeting the growing requirements of the domestic steel industry."
Company Background
MOIL Limited is a Schedule 'A' Miniratna Category-I Central Public Sector Enterprise under the Ministry of Steel, Government of India. It is the largest producer of manganese ore in the country, operating underground and open-cast mines across Maharashtra and Madhya Pradesh.