New Delhi: MOIL Limited has announced its financial results for the second quarter and half-year ended September 30, 2026, reporting steady financial performance in Q2 FY27. The company’s revenue from operations stood at ₹369.13 crore, while its net profit reached ₹61.78 crore during the quarter.
The manganese ore producer also reported a total income of ₹385.02 crore and profit before tax (PBT) of ₹77.13 crore for the quarter. Alongside the financial results, the company’s Board of Directors approved an interim dividend of ₹2.20 per equity share for FY 2026-27.
MOIL Q2 FY27 Financial Results: Key Highlights
For the quarter ended September 30, 2026, MOIL reported the following standalone financial performance:
- Revenue from Operations: ₹369.13 crore
- Total Income: ₹385.02 crore
- Profit Before Tax (PBT): ₹77.13 crore
- Net Profit: ₹61.78 crore
- Earnings Per Share (Basic): ₹3.04
The company’s revenue from operations increased from ₹330 crore in the corresponding quarter of the previous financial year to approximately ₹370 crore in Q2 FY27, registering year-on-year growth of around 12.12%.
This growth reflects an improvement in the company’s revenue performance during the quarter.
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MOIL H1 FY27 Financial Performance
For the half-year ended September 30, 2026, MOIL also reported its standalone financial results, with revenue from operations reaching ₹740.02 crore.
The key financial figures for H1 FY27 are:
- Revenue from Operations: ₹740.02 crore
- Total Income: ₹776.16 crore
- Profit Before Tax (PBT): ₹188.76 crore
- Net Profit: ₹149.39 crore
- Earnings Per Share (Basic): ₹7.34
The half-year results highlight the company’s financial performance during the first six months of FY27.
MOIL Declares ₹2.20 Interim Dividend for FY27
Along with announcing its quarterly and half-yearly financial results, MOIL’s Board of Directors has declared an interim dividend of ₹2.20 per equity share for the financial year 2026-27.
The dividend will be paid on equity shares with a face value of ₹10 each.
The important dividend dates are as follows:
- Dividend Amount: ₹2.20 per equity share
- Record Date: November 6, 2026
- Payment Date: November 30, 2026
Shareholders whose names appear in the company’s records as of the record date will be eligible to receive the interim dividend, subject to applicable rules.
MOIL Approves Wholly Owned Subsidiary in GIFT City
In another significant development, MOIL’s Board has approved the incorporation of a wholly owned subsidiary named MOIL International IFSC Limited.
The proposed subsidiary will be established as an IFSC company in GIFT City (Gujarat International Finance Tec-City), Gujarat, subject to the requisite government approvals.
The proposed equity capital structure will comprise 25,00,000 equity shares with a face value of ₹10 each.
The proposed incorporation marks an important corporate development for MOIL as the company looks to establish its presence in the International Financial Services Centre ecosystem.
MOIL’s Financial Performance: Key Takeaways
The key highlights of MOIL’s Q2 and H1 FY27 performance include:
- Quarterly revenue from operations of ₹369.13 crore.
- Q2 revenue growth of approximately 12.12% year-on-year, based on the rounded revenue figures provided.
- Half-year revenue from operations of ₹740.02 crore.
- Q2 net profit of ₹61.78 crore and H1 net profit of ₹149.39 crore.
- Interim dividend of ₹2.20 per equity share.
- Approval for a wholly owned subsidiary, MOIL International IFSC Limited, in GIFT City.
About MOIL Limited
MOIL Limited, formerly known as Manganese Ore (India) Limited, is a Government of India-owned manganese ore mining company under the Ministry of Steel. Headquartered in Nagpur, Maharashtra, the company is one of India’s leading manganese ore producers. It primarily operates mines in Maharashtra and Madhya Pradesh and supplies manganese ore, an essential raw material used in steel production and other industrial applications.
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