MOIL H1 FY27 Profit Surges 22.5% to ₹149.39 Cr

MOIL Limited announced its financial and operational results for the second quarter and half-year of FY27. The company reported a significant growth in production, sales, and profitability for the first half of the fiscal year. Revenue from operations increased by 8.7% to ₹740.01 Cr, while Profit After Tax (PAT) saw a growth of 22.5%, reaching ₹149.39 Cr (₹121.94 Cr in H1 FY26). Manganese ore sales increased by 9.67% and production by 1.76%. The Board also declared a first interim dividend of ₹2.20 per equity share for FY27. MOIL plans to explore new growth opportunities domestically and internationally, focusing on mining and downstream value addition, and 'Waste to Wealth' initiatives.