MOIL Limited — Results, 11-02-2025: Integrated Filing- Financial
The Board of Directors of MOIL Limited has approved the un-audited financial results for the quarter and nine months ended December 31, 2024. The company reported total income of ₹39,951.78 million, with a net profit of ₹6,367.61 million, reflecting a robust growth compared to the previous year. An interim dividend of ₹4.02 per equity share has also been declared, with a record date of February 15, 2025, and payment scheduled for March 10, 2025.
The increase in revenues suggests strong operational performance, potentially boosting shareholder confidence. However, investor sentiment could be tempered by the current lack of sufficient independent directors on the Board, which may raise governance concerns. Overall, a positive outlook persists amidst these operational achievements and dividend announcements.
