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MOIL Reports All-Time High Q2 Production and Sales in FY’26 Amid Strong Growth in Manganese Mining

Government-owned manganese miner posts 10.3% rise in quarterly production and 18.6% growth in sales; exploration drilling hits new highs
Indian Masterminds Stories

New Delhi: MOIL Limited, a Government of India enterprise, has reported its highest-ever production for the month of September and a record-breaking second quarter (Q2) performance for the financial year 2025–26 (FY’26), driven by consistent operational improvements and a focused expansion strategy.

According to the company’s latest performance update, MOIL achieved a production of 1.52 lakh tonnes in September 2025, reflecting a 3.8% year-on-year growth. In addition, exploratory core drilling reached 5,314 meters, marking a substantial 46% increase over September 2024—underscoring the company’s growing emphasis on exploration and long-term resource development.

Strong Quarterly Growth Across Key Metrics

For the quarter ending September 30, 2025 (Q2 FY’26), MOIL posted its highest-ever Q2 production at 4.42 lakh tonnes, a solid 10.3% increase compared to the same quarter last year. The company also reported sales of 3.53 lakh tonnes, up 18.6% year-on-year, signaling strong market demand and efficient supply chain execution.

Further bolstering its exploration efforts, MOIL carried out 21,035 meters of exploratory core drilling during the quarter, making it the best-ever Q2 drilling performance and representing a 4.1% rise over the previous year.

Read also: MOIL Launches Manganese Ore Exports as State Trading Enterprise with First 54,600-Tonne Shipment to Indonesia

Leadership Statement

Commenting on the company’s performance, Ajit Kumar Saxena, Chairman and Managing Director (CMD) of MOIL, stated:

“The growth achieved across key parameters underscores MOIL’s commitment to strengthening its operational excellence and ensuring long-term sustainability. With continued emphasis on exploration in all its operating mines, MOIL is well-positioned to enhance its reserves and maintain leadership in the manganese sector.

About MOIL Limited

MOIL Limited is India’s largest producer of manganese ore and a leading Public Sector Undertaking (PSU) under the administrative control of the Ministry of Steel, Government of India. With a strong focus on sustainable mining, exploration, and technological advancement, MOIL plays a vital role in supporting the country’s steel industry and allied sectors. The company continues to prioritize operational efficiency, environmental responsibility, and strategic growth to secure its leadership in the manganese mining segment.

Read also: MOIL Declares Final Dividend of Rs 1.61 Per Share for FY 2024-25 at 63rd AGM


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