MOIL Limited, a Schedule ‘A’ Miniratna Category-I Central Public Sector Enterprise under the Ministry of Steel, has reported strong financial and operational performance for the first quarter of the fiscal year 2026-27 (Q1 FY27). On July 30, 2026, the Board of Directors approved results showing steady growth in production, sales volume, and overall profitability.
Financial Performance (Q1 FY27 vs. Q1 FY26):
Profit After Tax (PAT): Increased by 70% to ₹87.62 crore, compared to ₹51.51 crore in the previous year.
Profit Before Tax (PBT): Registered a 75% increase to ₹111.62 crore from ₹63.82 crore.
Revenue from Operations: Grew by 7% to ₹370.88 crore, up from ₹348.06 crore.
Total Revenue: Rose by 6% to ₹391.13 crore from ₹370.52 crore.
Net Sales Realization (NSR): Reached ₹9,749 per MT, representing a 10% gain over the ₹8,884 per MT recorded in the corresponding previous quarter.
Operational Performance:
Manganese Ore Production: Totaled 507,605 MT, a 1% increase over the 502,260 MT produced in Q1 FY26.
Manganese Ore Sales: Reached 369,049 MT, marking a 4% increase from 356,196 MT in the same period last year.
Corporate Outlook:
MOIL management attributed the results to operational discipline and the dedication of the workforce. The company remains focused on increasing production targets and improving operational efficiency to meet the growing demands of the domestic steel industry. As the largest producer of manganese ore in India, MOIL continues to operate underground and open-cast mines across Madhya Pradesh and Maharashtra.
Administrative Information:
Release Date: 30 JUL 2026
Release ID: 2291611
Source: PIB Delhi, Ministry of Steel
Key Entities Referenced
MOIL Limited: A Schedule ‘A’ Miniratna Category-I Central Public Sector Enterprise and India's largest producer of manganese ore.
Ministry of Steel: The administrative ministry of the Government of India that oversees the operations and performance of MOIL Limited.
Maharashtra and Madhya Pradesh: The specific Indian states where MOIL Limited operates its underground and open-cast manganese ore mines.
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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AG
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