MOIL Achieves Record February Production in 2025

MOIL Limited announced its February 2025 production details. The company has reported its best-ever February performance in 2025, continuing its strong growth trajectory. The company achieved significant milestones in both production and exploratory activities, reinforcing its leadership in the manganese ore sector.

On March 3, 2025, MOIL share price opened at ₹299.00, up from its previous close of ₹290.25. At 11:39 AM, the share price of MOIL was trading at ₹286.35, down by 1.34% on the NSE.

Highest-Ever February Production and Exploration

In February 2025, MOIL recorded its highest-ever manganese (Mn) ore production, reaching 1.53 lakh tonnes. Additionally, the company achieved 11,455 meters of exploratory core drilling, representing an impressive 43% growth over the corresponding period last year (CPLY). This significant progress highlights MOIL’s commitment to increasing resource exploration and production efficiency.

Growth in the April-February 2025 Period

MOIL also reported growth over the April- February 2025 period. The company achieved sales of 14.32 lakh tonnes, reflecting a 3% increase over CPLY. Furthermore, exploratory core drilling reached 94,894 meters, which is 20% higher than the previous year. These achievements demonstrate MOIL’s continued efforts to expand its operations and strengthen its market presence.

CMD’s Appreciation and Future Growth Prospects

Shri Ajit Kumar Saxena, CMD of MOIL, commended the efforts of the entire team, attributing the company’s success to their dedication and hard work. He expressed confidence that MOIL will continue on a high-growth trajectory in the coming years, further strengthening its position in the industry.

Conclusion 

MOIL’s record-breaking performance in February 2025 reflects its commitment to growth and efficiency. The company remains poised for continued expansion ahead.

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