Summary

MOIL LTD. has reported a significant increase in Profit After Tax (PAT) at Rs. 361.55 crore for the first nine months of FY’2024-25, representing a 32% growth over the corresponding period last year. The revenue from operations was Rs. 1151.55 crore, an 11% increase over the same period last year. The company achieved a 5% year-over-year growth in manganese ore production, reaching 13.30 lakh MT, and a 4% growth in sales, with 11.39 lakh MT of manganese ore sold. MOIL has completed 72350 meters of exploratory core drilling, a 19% increase over the previous year. The company has also approved an interim dividend of Rs. 4.02 per share for FY’2024-25, a 15% increase over the previous interim dividend. Additionally, the Board approved five shaft sinking projects worth Rs. 886 crore for its Dongri Buzurg Mine, Chikla Mine, and Kandri Mine.

Key Highlights

1. 1

   32% increase in PAT at Rs. 361.55 crore

2. 2

   11% growth in revenue from operations

3. 3

   5% growth in manganese ore production

4. 4

   4% growth in manganese ore sales

5. 5

   19% increase in exploratory core drilling

6. 6

   15% increase in interim dividend

7. 7

   Approval of five shaft sinking projects worth Rs. 886 crore