MOIL reports record 5 lakh tonnes manganese ore production in Q1
MOIL, a state-owned manganese ore producer, announced a 7% year-on-year increase in output, reaching 5.02 lakh tonnes in the April-June quarter. The company achieved its highest-ever monthly production in June, with 1.68 lakh tonnes. MOIL's CMD, A...
In June, MOIL recorded its highest-ever production of 1.68 lakh tonnes of manganese ore, marking a 2 per cent increase over the corresponding period last year, the Ministry of Steel said.
"MOIL scales new heights in April-June, 2025. Registers record quarterly production since inception," it said.
Its CMD Ajit Kumar Saxena said the company's resounding performance in April-June 2025 reflects its strong fundamentals and continued growth outlook.
MOIL, under the Ministry of Steel, is India's largest manganese ore producer.
The Nagpur-based company operates 10 underground and opencast mines in Maharashtra and Madhya Pradesh. PTI
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.