MOIL achieves record turnover, sales, and profits in FY25

MOIL Limited reported a record turnover of ₹1,584.94 crore in FY2024-25, a 9.35% year-over-year increase. Profit after tax (PAT) grew 30.10% to ₹381.64 crore, while profit before tax (PBT) increased by 25.78% to ₹486.78 crore. The company achieved its highest-ever production of manganese ore at 18.03 lakh tonnes, a 2.67% increase from the previous year, and recorded its best-ever sales volume of 15.87 lakh tonnes.

The company continued its commitment to shareholder returns, recommending a final dividend of ₹1.61 per equity share, bringing the total dividend for FY2024-25 to ₹5.63 per equity share. MOIL also expanded its resource base through strategic partnerships and exploration, completing 107,530 meters of exploratory drilling and adding 16.07 million tonnes of manganese ore resources during the year.

MOIL aims to enhance its production capacity to 3.50 million tonnes by 2030, supported by ongoing mine expansion and infrastructure development initiatives. The company invested ₹321.94 crore in capital expenditure in FY2024-25, its highest to date, aligning with its vision for sustainable growth.