MOIL delivers best ever performance, manganese ore production rose by 2.7 percent YoY
Shri Ajit Kumar Saxena, CMD, MOIL, congratulated the entire MOIL workforce for this record performance and expressed confidence of higher growth momentum in the coming year.
State-run MOIL Ltd has announced that the company delivered the best financial year performance in FY’25, surpassing all previous records.
The PSU company has recorded its best-ever financial year performance in FY’25, achieving remarkable milestones across key performance indicators:
- Record manganese ore production stood at 18.02 lakh tonnes, 2.7% higher y-o-y.
- Record manganese ore sales stood at 15.87 lakh tonnes, registering a growth of 3.3% y-o-y.
- Record Ferro manganese production stood at 12000 MT, 18% higher y-o-y.
Meanwhile, the Exploratory core drilling reaches 1,07,530 meters, marking a 22% growth over CPLY.
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This extensive exploration will serve as the foundation for expanding production from existing mines and the development of new manganese mines across the country.
Shri Ajit Kumar Saxena, CMD, MOIL, congratulated the entire MOIL workforce for this record performance and expressed confidence of higher growth momentum in the coming year.
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