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MOIL Registers historical performance in FY’24

MOIL Registers historical performance in FY'24

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.

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