Nagpur, February 1, 2025 – MOIL Limited (NSE: MOIL, BSE: 533286), a Government of India enterprise, has reported its highest-ever January production and sales figures, reinforcing its strong operational performance in FY 2025.
Key Performance Highlights for January 2025:
- Manganese ore production: 1.6 lakh tonnes – the highest-ever for January.
- Sales volume: 1.57 lakh tonnes – marking a 17% increase compared to the same period last year (CPLY).
- Exploratory core drilling: 11,099 meters – 10% higher than CPLY.
April–January 2025 Cumulative Performance:
- Total production: 14.9 lakh tonnes – up 4% over CPLY.
- Total sales: 12.96 lakh tonnes – an increase of 5% over CPLY.
- Exploratory core drilling: 83,439 meters – reflecting 17.6% growth over CPLY.
Management Commentary:
Shri Ajit Kumar Saxena, CMD of MOIL, expressed satisfaction with the company’s record-breaking performance, stating:"This remarkable achievement reflects MOIL’s commitment to operational excellence and growth. We are confident that the company will continue its upward trajectory and maintain the momentum in the coming months."
MOIL's continued focus on enhancing production efficiency and expansion strategies is expected to drive further growth in the coming quarters.