STOCKWATCH
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Industrial Minerals
Monthly Update2 Mar 2025, 05:38 pm

MOIL Achieves Best Ever February Production with 1.53 Lakh Tonnes of Manganese Ore

AI Summary

MOIL Ltd., in its strong growth trajectory, has achieved its best-ever February performance in 2025, producing 1.53 lakh tonnes of Manganese (Mn) ore. This represents a 43% growth in exploratory core drilling over the previous year. During April-February 2025, MOIL's sales increased by 3% to 14.32 lakh tonnes, and exploratory core drilling rose by 20% to 94,894 meters. The company's CMD, Shri Ajit Kumar Saxena, commended the team for their efforts and expressed confidence in MOIL's future growth.

Key Highlights

  • MOIL achieves best ever February production of 1.53 lakh tonnes of Manganese (Mn) ore
  • Best ever February exploratory core drilling of 11,455 meters, a 43% growth over CPLY
  • April-February sales increased by 3% to 14.32 lakh tonnes
  • Exploratory core drilling during April-February rose by 20% to 94,894 meters
  • CMD, Shri Ajit Kumar Saxena, appreciates team MOIL and expresses confidence in future growth
MOIL
Industrial Minerals
MOIL LTD.

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