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Miniratna PSU Mining multibagger Historic Quarterly Production Milestone Achieved

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MOIL Limited, India’s leading manganese ore producer and a Government of India enterprise, has announced its best-ever performance for the April-June 2025 quarter. The company achieved a record-breaking quarterly production of 5.02 lakh tonnes of manganese ore — its highest since inception. This figure reflects a significant 6.8% growth compared to the corresponding period last year (CPLY), underlining MOIL’s robust operational efficiency and continuous momentum in output.

Strong June Output Boosts Confidence

June 2025 stood out as a high point, with MOIL registering its highest-ever production for the month at 1.68 lakh tonnes. This marked a 2% year-on-year growth over June 2024, showcasing the company’s capability to consistently improve and expand its mining operations. This performance demonstrates MOIL’s dedication to meeting growing domestic and global demand for manganese ore, which is a key input for the steel industry.

Unprecedented Exploration Activity

In addition to production, MOIL made impressive progress on the exploration front. The company reported its best-ever Q1 exploratory core drilling achievement, clocking 34,900 meters — a 16.2% rise compared to the same period last year. This enhanced exploration effort reflects MOIL’s long-term strategy of resource augmentation and reserve enhancement to support sustained production growth in the years ahead.

Leadership Speaks on Strategic Growth

Commenting on the milestone performance, Shri Ajit Kumar Saxena, Chairman and Managing Director of MOIL, expressed his satisfaction and pride. He credited the achievement to the company’s strong fundamentals and strategic vision, which continue to propel its growth trajectory. The stellar Q1 results are seen as a positive indicator of the company’s resilience, agility, and future potential.

With continuous record-breaking achievements in production and exploration, MOIL Limited has set a strong tone for the remainder of FY26. The company’s consistent performance and forward-looking approach solidify its position as a key player in the Indian mining sector. Stakeholders and investors can look forward to sustained value creation as MOIL continues to scale new operational and financial heights.

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