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MOIL clocks 18 pc growth in manganese ore production

MOIL clocks 18 pc growth in manganese ore production

MOIL reported a stellar start to FY 2025-26, with its highest-ever May manganese ore production of 1.71 lakh tonnes—an 18% YoY increase—and a record April with 1.62 lakh tonnes, alongside a significant 58% rise in exploratory core drilling to 13,352 meters in May and 11,453 meters in April. The company also posted a 27% YoY rise in Q4 net profit to Rs 115.7 crore, with revenues up 4.2% to Rs 433.4 crore. These results underscore MOIL’s strong operational momentum, driven by disciplined practices and strategic resource expansion, as highlighted by CMD Ajit Kumar Saxena.

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