By THE NEWSMAN OF INDIA.COM|MOIL Limited, a premier Schedule ‘A’ Miniratna Category-I Central Public Sector Enterprise under the Ministry of Steel, has reported stellar financial and operational performance for the second quarter and first half (H1) of FY 27, reflecting the visionary leadership and dedicated efforts of its management and team.

Financial Highlights (H1 FY27 vs H1 FY26)

Revenue from Operations: Grew by 8.7% to reach ₹740.01 crore compared to ₹680.8 crore in the corresponding previous period.

Total Revenue: Increased by 5.81% to ₹776.15 crore from ₹733.54 crore.

Profit Before Tax (PBT): Registered robust growth of 22.9%, touching ₹188.75 crore against ₹153.58 crore.

Profit After Tax (PAT): Surged by 22.5% to stand at ₹149.39 crore compared to ₹121.94 crore.

Additionally, the board declared a first interim dividend of ₹2.20 per equity share of ₹10 each for FY 27.

Operational Excellence

Manganese Ore Sales: Recorded a growth of 9.67%, rising to 7.78 lakh tonnes from 7.10 lakh tonnes.

Manganese Ore Production: Increased by 1.76% to reach 9.61 lakh tonnes compared to 9.44 lakh tonnes.

Commending the team’s relentless drive, V Suresh, Chairman and Managing Director, MOIL, credited the stellar H1 performance to the workforce’s hard work, incisive strategic planning, and optimized mining practices. He emphasized that the company’s strong focus on ‘Waste to Wealth’ initiatives and sustainable growth continues to unlock high-value assets while reinforcing its market price leadership.

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