MOIL Ltd, India’s largest manganese ore producer and a Miniratna public sector enterprise, announced its financial results for the March 2025 quarter after market hours on April 30, reporting a strong performance.
Also Read: HPCL Signs MoU with DPIIT to Strengthen Startup-Driven Innovation Ecosystem
The company recorded a 27% year-on-year rise in consolidated net profit, which climbed to Rs 115.7 crore from Rs 91.1 crore in the same quarter last year.
Operating revenue for the quarter stood at Rs 433.4 crore, reflecting a 4.2% increase over the Rs 415.9 crore recorded in the year-ago period. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) rose 8.7% year-on-year to Rs 139.4 crore, indicating stable operational performance.
MOIL also achieved an improvement in cost efficiency, with the EBITDA margin expanding to 32.2% in Q4 FY25, up from 30.9% in the corresponding quarter last year. This margin growth was driven by effective cost control measures and firm pricing of manganese ore.
The Board of MOIL has recommended a final dividend of Rs 1.61 per equity share of face value Rs 10 for FY25. The dividend is subject to the approval of shareholders.
Also Read: Pradip Kumar Das Gets Extension as CMD of IREDA – Know More About Him