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MOIL has achieved best-ever production performance in FY 2025-26 (Apr-Dec), recording its best-ever production figures for both the third quarter and the first nine months of the financial year.
During Q3 of FY 2025-26, MOIL achieved a record manganese ore production of 4.77 lakh tonnes, registering a growth of about 3.7% over the corresponding period last year (CPLY). This is the highest-ever production achieved by the company in any third quarter since its inception.
Further strengthening this growth momentum, MOIL has also recorded its best-ever nine-month production of 14.21 lakh tonnes, which is higher by about 6.8% compared to CPLY. The sustained improvement in production performance is a result of focused mine planning, operational discipline, enhanced mechanization, and the dedicated efforts of MOIL's workforce across all operating units.
'This is the highest-ever production achieved by the company in any third quarter since its inception,' MOIL stated.
The public sector undertaking’s 9M FY26 production of manganese ore aggregated to 14.21 lakh tonnes, up 6.8% YoY.
'The sustained improvement in production performance is a result of focused mine planning, operational discipline, enhanced mechanization, and the dedicated efforts of MOIL’s workforce across all operating units,' the company said in a statement.
MOIL is a Schedule 'A' Miniratna Category-I public sector undertaking (PSU) that is engaged in the business of mining and supplying manganese. At present, the company operates its underground and opencast mines located in the Nagpur and Bhandara districts of Maharashtra and Balaghat district of Madhya Pradesh.
The company's net profit jumped 40.99% to Rs 70.44 crore on a 19.24% increase in revenue to Rs 348.05 crore in Q2 FY26 as compared with Q2 FY25.
The total value of the contract stands at Rs 230 crore. The timeline for execution of the order will be mutually agreed upon by both parties.
SEPC provides end-to-end solutions to engineering challenges, offering multidisciplinary design, engineering, procurement, construction, and project management services. The company’s consolidated net profit surged 262.4% to Rs 8.30 crore on an 8% rise in revenue from operations to Rs 237.42 crore in Q2 FY26 over Q2 FY25.
MOIL is a Schedule 'A' Miniratna Category-I public sector undertaking (PSU) that is engaged in the business of mining and supplying manganese. At present, the company operates its underground and opencast mines located in the Nagpur and Bhandara districts of Maharashtra and Balaghat district of Madhya Pradesh. The company's net profit jumped 40.99% to Rs 70.44 crore on a 19.24% increase in revenue to Rs 348.05 crore in Q2 FY26 as compared with Q2 FY25. The counter rose 0.44% to Rs 367.10 on the BSE.
MOIL has achieved its highest-ever November production and sales, marking a significant milestone in the company's operational performance.
MOIL recorded 1.65 Lakh Metric Tonnes (LMT) of manganese ore production in November 2025, showing a 1% year-on-year (YoY) increase. Sales reached 1.37 LMT, reflecting a 3% YoY growth.
For the period April–November 2025-26, cumulative production stands at 12.69 LMT, an 8% increase over the same period of the previous year.
On this occasion, Ajit Kumar Saxena, CMD, MOIL, stated that the best ever November performance stands as a testament of teamwork, and consistent improvement demonstrated by the MOIL family. He is confident of MOIL team to continue with this positive momentum in the coming months.