MOIL Limited — Updates, 01-02-2025: Press Release

MOIL has reported its highest-ever production and sales figures for January FY 2025, showcasing strong operational performance. The company achieved a record 1.6 lakh tonnes of manganese ore production and sales of 1.57 lakh tonnes, marking a 17% increase compared to the same month last year. In the April-January 2025 period, MOIL recorded total production of 14.9 lakh tonnes, up 4% year-on-year, with sales reaching 12.96 lakh tonnes, a 5% increase. Additionally, exploratory core drilling efforts saw an increase to 83,439 meters, up 17.6% from the previous year. CMD Ajit Kumar Saxena expressed confidence in maintaining this growth momentum, indicating a positive outlook for the company's future performance.