**Summary:**
In the first quarter of fiscal year 2025 (April-June), MOIL (Manganese Ore India Limited), under the Ministry of Steel, achieved record-breaking quarterly production since its inception. The company's June production reached 1.68 lakh tonnes of manganese ore, a 2% increase compared to the same period last year (CPLY). Overall quarterly production reached a record 5.02 lakh tonnes, exceeding the CPLY figure by 6.8%. MOIL also achieved its best-ever Q1 exploratory core drilling, reaching 34,900 meters, which is 16.2% higher than CPLY. Shri Ajit Kumar Saxena, CMD of MOIL, attributed the company's strong performance to its strong fundamentals and continued growth outlook. This information was released by PIB Delhi on July 3, 2025.
Key Entities Referenced
Ministry of Steel: The Government of India ministry responsible for steel production and policy.
MOIL: A manganese ore producing company, formerly known as Manganese Ore India Limited.
AprilJune, 2025: The period of time (second quarter of 2025) that the report focuses on.
Shri Ajit Kumar Saxena: Chairman and Managing Director (CMD) of MOIL.
Delhi: Location where the press release was issued.
manganese ore: The mineral commodity that MOIL produces.
Q1: First Quarter of the fiscal year.
Ministry of Steel
MOIL scales new heightsin Apr-June, 2025
Registers record quarterly production since inception
Posted On: 03 JUL 2025 11:33AM by PIB Delhi
Continuing its robust growth trajectory, MOIL recorded its highest-ever June production of 1.68 lakh tonnes
of manganese ore, marking a 2% increase over the corresponding period last year.
During April-June, 2025 period also, MOIL has registered the following notable achievements:
Best ever quarterly production of 5.02 lakh tonnes, higher by 6.8% over CPLY.
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Best ever Q1 exploratory core drilling of 34,900 meters, which is higher by 16.2% over CPLY.
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Expressing satisfaction over the results, Shri Ajit Kumar Saxena, CMD of MOIL, said the company’s
resounding performance in April-June ’25 reflects its strong fundamentals and continued growth outlook.
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TPJ/NJ
(Release ID: 2141732)