MOIL Limited (INE490G01020), India's largest producer of manganese ore, has reported impressive production and sales figures for November, continuing its strong performance in the current fiscal year.

November Performance Highlights

MOIL achieved a record production of 1.65 lakh metric tonnes (LMT) of manganese ore in November, marking a 1% increase compared to the same month last year. The company's sales also showed positive momentum, reaching 1.37 LMT, which represents a 3% year-over-year growth.

Year-to-Date Performance

The company's strong November performance contributes to an even more impressive year-to-date result:

For the first eight months of the fiscal year 2025-26 (April to November), MOIL's cumulative production reached 12.69 LMT. This represents a significant 8% increase compared to the same period in the previous year, indicating sustained growth and operational efficiency.

Implications for MOIL

The record production and increased sales volumes suggest that MOIL is effectively meeting market demand for manganese ore. This growth in production and sales could potentially translate into improved financial performance for the company, subject to market prices and operational costs.

As India's largest manganese ore producer, MOIL's performance is often viewed as an indicator of the broader demand for steel and related industries, given manganese's crucial role in steel production. The company's sustained growth may reflect positively on the overall industrial and infrastructure sectors in India.

Investors and industry observers will likely keep a close eye on MOIL's performance in the coming months to see if this growth trend continues and how it might impact the company's full-year results.

MOIL Limited , a state-owned manganese ore mining company, has released its financial results for the half year ended September 30, 2025, revealing a mixed performance amid challenging market conditions.

Financial Performance

The company reported revenue from operations of Rs 696.11 crore for the half year, compared to Rs 784.73 crore in the corresponding period of the previous year, marking a decrease of 11.29%. The net profit for the period stood at Rs 121.94 crore, down from Rs 202.31 crore in the previous year, representing a 39.73% decline.

Segment-wise Performance

MOIL's operations are divided into three segments:

• Mining products generated revenue of Rs 651.45 crore
• Manufactured products contributed Rs 50.33 crore
• Power segment added Rs 11.62 crore

Dividend Announcement

MOIL's Board of Directors has approved an interim dividend of Rs 1.80 per equity share with a face value of Rs 10 each for the financial year ending March 31, 2025. The record date for dividend payment is set for November 15, 2025, with the actual payment scheduled for December 9, 2025.

Balance Sheet Highlights

As of September 30, 2025, MOIL's total assets stood at Rs 3,303.86 crore. The company maintains a strong equity position with a paid-up equity share capital of Rs 203.49 crore and other equity of Rs 2,498.66 crore.

Investor Relations

MOIL resolved all three investor complaints received during the quarter, leaving no pending complaints as of September 30, 2025.

Looking Ahead

As MOIL continues to operate in a dynamic market environment, investors and stakeholders will be watching closely to see how the company adapts its strategies to improve performance in the coming quarters.

Note: All figures are based on the unaudited financial results for the quarter and half year ended September 30, 2025, as approved by the MOIL Limited Board of Directors.