MOIL Reports 1.65 LMT Manganese Ore Output in November; Sales Rise 3% YoY
MOIL reported 1.65 LMT manganese ore output in November 2025 with 3% YoY sales growth and 8% higher cumulative production for April–November FY26.
MOIL has reported manganese ore production of 1.65 lakh metric tonnes (LMT) for November 2025, marking a 1% year-on-year increase. The state-owned miner also recorded sales of 1.37 LMT, reflecting a 3% YoY growth during the month.
Between April and November of FY 2025–26, the company has achieved cumulative production of 12.69 LMT, representing an 8% improvement over the corresponding period last year.
MOIL CMD Ajit Kumar Saxena expressed confidence that the company’s growth trajectory will continue in the coming months, supported by operational efficiency and consistent demand.
MOIL, a Schedule ‘A’ Miniratna Category-I PSU, is India’s largest producer of manganese ore. The company operates both underground and open-cast mines across Nagpur and Bhandara districts in Maharashtra and the Balaghat district of Madhya Pradesh.
In its latest financial results, MOIL reported a 41% jump in net profit to Rs 70.44 crore and a 19% rise in revenue to Rs 348.05 crore for Q2 FY26, compared to the same quarter last year.
On the market front, the company’s stock was trading 1.57% lower at Rs 326 on the BSE.