MOIL recorded highest ever production of manganese ore since its inception at 17.56 lakhs tonnes in FY’24, the financial year; 35% higher than FY’23.
Achieved its best ever sales of 15.36 lakh tonnes in FY’24, registering a remarkable growth of 30% y-o-y.
• Registered record turnover at Rs. 1449.42 crore with a growth of 8% y-o-y.
• Achieved best ever production of Electrolytic Manganese Dioxide (EMD) higher by 28% y-o-y.
• Profit before tax (PBT) and profit after tax (PAT) of Rs. 387 crores and Rs. 293 crores respectively during FY’24, registering a growth of 16% and 17% respectively despite lower NSR on account of market conditions.
