STOCKWATCH
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Industrial Minerals
Quarterly Result3 Jan 2025, 02:02 am

MOIL Achieves Best Ever Q3 & 9 Months Performance in FY'25

AI Summary

MOIL, in its recent Q3 performance for October-December 2024, has achieved record-breaking figures including the best ever Q3 production of manganese ore of 4.6 lakh tonnes and best ever Q3 sales of 3.88 lakh tonnes, which is a 13% increase over the corresponding period of last year. During April-December 2024, MOIL also reported a 4.5% increase in production, 3.5% increase in sales, and 19% increase in exploratory core drilling compared to the same period last year. The CMD of MOIL, Shri Ajit Kumar Saxena, expressed satisfaction with the performance and is confident about maintaining the growth momentum.

Key Highlights

  • Best ever Q3 production of manganese ore (4.6 lakh tonnes)
  • Best ever Q3 sales (3.88 lakh tonnes, 13% higher than CPLY)
  • Production increase by 4.5% (13.3 lakh tonnes) in April-December 2024
  • Sales increase by 3.5% (11.39 lakh tonnes) in April-December 2024
  • Exploratory core drilling increase by 19% (72,340 meters) in April-December 2024
MOIL
Industrial Minerals
MOIL LTD.

Price Impact