MOIL Reports Strong Performance in Q1 FY 2026-27; Profit After Tax Up by 70%

Ministry of Steel MOIL Reports Strong Performance in Q1 FY 2026-27; Profit After Tax Up by 70% प्रव तथ: 30 JUL 2026 1:41PM by PIB Delhi The Board of Directors of MOIL Limited approved the financial and operational results for the first quarter of FY 2026-27 (Q1 FY27). The company recorded steady growth across production, sales volume, and overall profitability.

Financial Highlights (Q1 FY 2026-27 vs Q1 FY 2025-26):

Revenue from Operations: Increased by 7% to ₹370.88 crore, up from ₹348.06 crore.

Total Revenue: Rose by 6% to ₹391.13 crore compared to ₹370.52 crore.

Profit Before Tax (PBT): Registered a 75% increase to ₹111.62 crore from ₹63.82 crore.

Profit After Tax (PAT): Increased by 70% to ₹87.62 crore compared to ₹51.51 crore.

Net Sales Realization (NSR): Reached ₹9,749 per MT, reflecting a 10% gain over ₹8,884 per MT in the corresponding previous quarter.

Operational Highlights:

Manganese Ore Production: Stood at 507,605 MT, marking a 1% increase over 502,260 MT recorded in Q1 FY26.

Manganese Ore Sales: Reached 369,049 MT, up by 4% from 356,196 MT in the same period last year.

Appreciating the efforts of the team, MOIL management said, "These results reflect the dedication and hard work of our entire workforce. The operational discipline and commitment shown by our team have enabled the company to maintain growth across key metrics. As we move forward, MOIL remains focused on achieving higher production targets, improving operational efficiency, and meeting the growing requirements of the domestic steel industry." MOIL Limited is a Schedule ‘A’ Miniratna Category-I Central Public Sector Enterprise under the Ministry of Steel, Government of India. It is the largest producer of manganese ore in the country, operating underground and open-cast mines across Maharashtra and Madhya Pradesh.

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