MOIL Share Price Rose After Reporting Best Ever Production in FY25

On April 3, 2025, MOIL share price was in focus, reaching a day high of 337.55 after opening at 334.60. The gain in MOIL share price follows the release of the best-ever financial year performance in FY’25

Strong Production Across Various Sectors

MOIL has achieved significant milestones in its key performance indicators, demonstrating strong growth across various sectors. The company reached a record production of 18.02 lakh tonnes of manganese ore, marking a 2.7% increase compared to the previous year. Additionally, manganese ore sales also hit a record high of 15.87 lakh tonnes, reflecting a 3.3% year-on-year growth.

Ferro manganese production surged to 12,000 MT, an 18% improvement over the previous year. Moreover, exploratory core drilling reached 1,07,530 meters, showing a 22% increase from the same period last year. This extensive exploration will play a crucial role in expanding production from current mines and developing new manganese mines across the country.

MOIL 9MFY25 Earnings Highlights

During 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 stood at ₹1,151.55 crore, reflecting an 11% growth over the corresponding period in the previous year. MOIL achieved a production of 13.30 lakh MT of manganese ore, marking a 5% year-on-year increase. Manganese ore sales were recorded at 11.39 lakh MT, which saw a 4% growth year-on-year.

In its continued focus on exploration, MOIL completed 72,350 meters of exploratory core drilling during the period of April- December 2024, a 19% increase compared to the previous year. Additionally, the Board approved an interim dividend of ₹4.02 per share for FY 2025, which is approximately 15% higher than last year’s interim dividend of ₹3.50 per share.

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