MOIL achieves record output and sales in Q2 FY’26, strengthens exploration efforts

DBT Bureau

Pune, 4 Oct 2025

MOIL Ltd has delivered an impressive operational performance in September 2025 and the second quarter of FY’26, driven by robust growth across key parameters.

Monthly Highlights (September 2025 vs September 2024)
The company achieved its best-ever September production at 1.52 lakh tonnes, marking a 3.8% growth over the same period last year. Exploratory core drilling saw a significant rise to 5,314 meters, a 46% increase, reflecting MOIL’s focus on expanding its resource base.

Quarterly Highlights (July–September 2025 vs July–September 2024)
MOIL recorded its highest-ever Q2 production of 4.42 lakh tonnes, up 10.3% year-on-year. Sales volumes also climbed to 3.53 lakh tonnes, showing a strong 18.6% growth. Exploratory core drilling reached 21,035 meters, up 4.1% compared to the corresponding quarter last year.

Commenting on the results, Ajit Kumar Saxena, Chairman and Managing Director of MOIL, said, “The growth achieved across key parameters underscores MOIL’s commitment to operational excellence and long-term sustainability. With continued emphasis on exploration, MOIL is well positioned to enhance its reserves and maintain leadership in the manganese sector.”