MOIL Achieves Record-Breaking Performance in FY’25

MOIL Limited has reported its best-ever financial year performance in FY’25, achieving significant milestones across key operational metrics. The company recorded its highest-ever manganese ore production at 18.02 lakh tonnes, reflecting a 2.7% year-on-year (y-o-y) growth. Additionally, manganese ore sales reached a record 15.87 lakh tonnes, marking a 3.3% increase compared to the previous year.

In the ferroalloy segment, MOIL registered an all-time high Ferro manganese production of 12,000 MT, an impressive 18% growth y-o-y. The company also made substantial progress in exploration activities, completing 1,07,530 meters of exploratory core drilling, a 22% increase over the corresponding period last year (CPLY). This extensive exploration is expected to support future production expansion and the development of new manganese mines across the country.

Ajit Kumar Saxena, CMD, MOIL, commended the workforce for their efforts in achieving these record-breaking results. He expressed confidence in maintaining this growth momentum in the coming years, reinforcing MOIL’s commitment to strengthening India’s manganese ore sector.

Latest news

Lt. Gen Syed Ata Hasnain (Retd.) Appointed Governor of Bihar

Lt. Gen Syed Ata Hasnain (Retd.) has been appointed as the Governor of Bihar, marking the transition of the...

Sanjay Agarwal Reappointed as MD & CEO of AU Small Finance Bank

AU Small Finance Bank has reappointed Sanjay Agarwal as its Managing Director & Chief Executive Officer, reaffirming leadership continuity...

Odisha IAS Reshuffle: Key Changes Across MSME, Industry and Governance Sectors

The Government of Odisha has issued a fresh round of administrative adjustments among senior IAS officers, as per a...

Haryana Govt Transfers 3 IAS Officers; Raja Sekhar Vundru Posted as ACS (Food & Civil Supplies)

The Government of Haryana has ordered the transfer and posting of three Indian Administrative Service (IAS) officers with immediate...

You might also likeRELATED
Recommended to you