Financial Results Overview (Standalone)
Quarter Ended 30.09.2026 (Unaudited):
- Revenue from Operations: ₹36,913.28 lakh
- Other Income: ₹1,589.21 lakh
- Total Income: ₹38,502.49 lakh
- Total Expenses: ₹30,789.04 lakh
- Profit Before Tax: ₹7,713.45 lakh
- Tax Expense: ₹1,535.69 lakh (Current Tax: ₹1,781.04 lakh, Deferred Tax: -₹245.35 lakh)
- Net Profit for the Period: ₹6,177.76 lakh
- Earnings Per Share (Basic & Diluted): ₹3.04
Half Year Ended 30.09.2026 (Unaudited):
- Revenue from Operations: ₹74,001.61 lakh
- Other Income: ₹3,614.24 lakh
- Total Income: ₹77,615.85 lakh
- Total Expenses: ₹58,740.04 lakh
- Profit Before Tax: ₹18,875.81 lakh
- Tax Expense: ₹3,936.44 lakh (Current Tax: ₹4,378.84 lakh, Deferred Tax: -₹442.40 lakh)
- Net Profit for the Period: ₹14,939.37 lakh
- Earnings Per Share (Basic & Diluted): ₹7.34
Comparative Figures:
- Q2 FY2026 Net Profit: ₹6,177.76 lakh vs Q2 FY2025: ₹7,043.85 lakh
- H1 FY2026 Net Profit: ₹14,939.37 lakh vs H1 FY2025: ₹12,194.43 lakh
Segment-wise Performance (Standalone)
Q2 FY2026 Revenue:
- Mining Products: ₹36,330.47 lakh
- Manufactured Products: ₹765.56 lakh
- Power: ₹623.67 lakh
Q2 FY2026 Segment Results:
- Mining Products Profit: ₹6,513.02 lakh
- Manufactured Products Loss: -₹760.60 lakh
- Power Profit: ₹371.82 lakh
Dividend Declaration
- Interim Dividend: ₹2.20 per equity share of face value ₹10 each for FY2026-27
- Record Date: 06.11.2026
- Payment Date: 30.11.2026
Subsidiary Incorporation
- Board approved incorporation of MOIL International IFSC Limited as a wholly owned subsidiary in GIFT City
- Subject to requisite approvals from Government Authorities
- Purpose: To explore overseas mineral asset acquisition opportunities and manage overseas investments
- Proposed equity: 25,00,000 shares of ₹10 each (100% holding by MOIL)
Key Financial Position (Standalone as of 30.09.2026)
- Paid-up Equity Share Capital: ₹20,348.52 lakh
- Other Equity: ₹2,62,733.91 lakh
- Total Assets: ₹3,32,502.78 lakh
- Total Equity and Liabilities: ₹3,32,502.78 lakh
Auditor's Review and Emphasis of Matter
The unaudited results were reviewed by V.K. Surana & Co., Chartered Accountants. The review report included several Emphasis of Matter points:
- Investment in joint venture MOIL MPSMCL Mining Limited (incorporated 04.06.2026)
- Significant unsold Low-Grade inventory of ₹15,814.11 lakh
- Manual process for MSME vendor identification instead of SAP integration
- Environmental penalty demand of ₹1,677.09 lakh from District Collector, Balaghat (treated as contingent liability)
- Temporary shutdown of Electrolytic Manganese Dioxide and Ferro Manganese plants
- No assessment of impact from new Labour Codes effective from 21.11.2025
- Board and Audit Committee lack requisite number of Independent Directors
Consolidated Results
Quarter Ended 30.09.2026 (Unaudited):
- Revenue from Operations: ₹36,913.28 lakh
- Net Profit: ₹6,177.46 lakh
- EPS: ₹3.04
Half Year Ended 30.09.2026 (Unaudited):
- Revenue from Operations: ₹74,001.61 lakh
- Net Profit: ₹14,939.07 lakh
- EPS: ₹7.34
Cash Flow Statement (Standalone H1 FY2026)
- Net Cash from Operating Activities: ₹18,215.64 lakh
- Net Cash Used in Investing Activities: -₹13,276.94 lakh
- Net Cash Used in Financing Activities: -₹7.30 lakh
- Net Increase in Cash: ₹4,931.40 lakh
Investor Complaints
- Opening: 1, Received: 10, Resolved: 10, Pending as on 30.09.2026: 1