MOIL Limited has informed the Exchange regarding a press release dated May 04, 2025, titled "MOIL records best-ever April production in FY 26".
MOIL · price
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MOIL Limited has reported its highest-ever April production in FY'26, marking a strong start to the new fiscal year. The company produced a record 1.62 lakh tonnes of manganese ore, registering a 1.5% growth compared to the corresponding period last year (CPLY). Additionally, exploratory core drilling surged by 58% over CPLY to 11,453 meters, indicating significant future expansion activity. CMD Ajit Kumar Saxena highlighted the performance as setting a positive tone for the year ahead and reaffirmed the company's focus on sustained growth and value creation.
Positive operational update for shareholders — record production and sharply higher exploration drilling suggest strong operational momentum heading into FY'26, which could support future output growth and be viewed favorably by the market.