MOIL Interim Dividend: Set Feb 15 As Record Date

A miniratna and largest manganese ore producer in the country, MOIL Ltd has set Feb 15, 2025, as the record date for its interim dividend for FY25. On February 12, 2025, MOIL declared an interim dividend of ₹4.02 which will be paid within the statutory timeline.

MOIL Record Date: What This Mean For Shareholders?

As MOIL has set Feb 15 as the record date for its interim dividend, meaning that Feb 14, marks the last to buy MOIL shares to become eligible for the interim dividend. Further, any shares bought on or after Feb 15 (record date), won’t be eligible for the interim dividend.

MOIL Q3FY25 Earnings

For 9MFY25, MOIL reported a remarkable 32% increase in Profit After Tax (PAT), reaching ₹361.55 crore compared to the same period last year. Revenue from operations during this period amounted to ₹1,151.55 crore, reflecting an 11% growth over the corresponding period last year. The company achieved a production of 13.30 lakh MT of manganese ore, marking a 5% year-on-year growth, and recorded sales of 11.39 lakh MT of manganese ore, showing a 4% increase compared to the previous year.

Shri Ajit Kumar Saxena, CMD MOIL, mentioned that it is heartening that the company has continued the momentum of upward performance both in physical as well as financial performance. He reposed full confidence that improved levels of performance will be maintained.

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