MOIL Manganese Ore Production Analyzed

MOIL, a major Indian company that mines and sells manganese ore, announced some good news in November 2025. They produced 1.65 million tonnes (that’s a lot!) of manganese ore, which is a 1% increase compared to last year. This also meant they sold 1.37 million tonnes of the ore, up by 3%.

• MOIL increased manganese ore production by 1% year-on-year.
• Sales rose by 3% to 1.37 million tonnes.
• Total production (April-November) jumped 8% to 12.69 LMT.
• Company profit grew 40.99% to ₹70.44 crore in Q2 FY26.
• Revenue increased 19.24% to ₹348.05 crore.
• The stock price decreased by 1.57% to ₹326 on BSE.

About MOIL

MOIL is a government-owned company, called a ‘PSU’, that digs up and sells manganese ore. They work in four states: Maharashtra and Madhya Pradesh. They have both underground and open-pit mines.

Financial Performance Highlights

MOIL’s profits increased significantly. The company’s net profit rose by 40.99% to ₹70.44 crore. This was driven by a 19.24% increase in their total sales revenue, which reached ₹348.05 crore.

Stock Market Reaction

Despite the good news, MOIL’s stock price decreased by 1.57% on the BSE to ₹326. This shows that even strong results can sometimes lead to a slight drop in stock prices.

Strong performance signals continued growth and market confidence within MOIL.