MOIL Limited announced a robust performance for the first half of FY ’27, with its Net Profit After Tax (PAT) registering a significant 22.5% growth compared to the same period in FY ’26. The company also saw an increase in revenue from operations by 8.7%. This performance highlights the company’s strategic planning and operational efficiencies, positioning it for continued sustainable growth.
MOIL Achieves Remarkable Growth in H1 FY ’27
MOIL Limited, a Government of India enterprise, has announced impressive financial and operational results for the first half of the financial year 2026-27 (H1 FY ’27). The company achieved a notable 22.5% increase in Net Profit After Tax (PAT) when compared to the corresponding period in FY ’26.
Key Financial Highlights (H1 FY ’27 vs H1 FY ’26)
- Revenue from Operations increased by 8.7%.
- Total Revenue saw a rise of 5.81%.
- Profit Before Tax (PBT) registered a substantial growth of 22.9%.
- Profit After Tax (PAT) recorded a growth of 22.5%.
Operational Performance
In terms of operational achievements for H1 FY ’27 compared to H1 FY ’26:
- Manganese Ore Sales increased by 9.67%.
- Manganese Ore Production saw a rise of 1.76%.
Interim Dividend Declared
The Board of Directors also approved the declaration of the first interim dividend for FY ’27 at the rate of Rs. 2.20 per equity share of Rs. 10 each.
Management Commentary
Shri V Suresh, Chairman and Managing Director, MOIL, attributed the strong H1 performance to the dedicated efforts of the team and incisive strategic planning. He highlighted the company’s focus on ‘Waste to Wealth’ initiatives to convert low-grade mining products into high-value assets, ensuring sustainable growth and maintaining market leadership. MOIL Limited is actively exploring new growth opportunities both domestically and internationally in mining and downstream value addition.
About MOIL Limited
MOIL Limited is a Schedule ‘A’ Miniratna Category-I Central Public Sector Enterprise under the Ministry of Steel, Government of India. It is the largest producer of manganese ore in the country, operating underground and open-cast mines across Maharashtra and Madhya Pradesh.
Source: BSE
