MOIL's profit jumps 30% in FY'25, records 9% revenue growth

MOIL Ltd, a leading manganese ore producer, has reported a 30% surge in profit after tax (PAT) for the financial year ending FY'25. The company's revenue from operations also increased by 9% to 31584.94 crore during the same period. The quarterly results showed a 27% growth in PAT, reaching 115.65 crore, with revenue from operations standing at 3433.40 crore. The company also achieved a 3% growth in ore production and 3.3% in ore sales. Notably, ferro manganese sales hit a record 12,942 MT, a 54% rise. The company completed 1,07,530 meters of exploratory drilling, a 22% increase year-over-year. MOIL also announced a final dividend of Rs. 1.61 per equity share, in addition to Rs. 4.02 per equity share as interim dividend.