MOIL Limited has informed the Exchange regarding Monthly Business Updates for the month of March 2026
MOIL · price
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MOIL Limited, a Government of India enterprise and major manganese ore producer, shared its provisional monthly and full-year production and sales numbers for FY25-26. In March 2026 alone, production rose modestly to 1.64 lakh metric tonnes (from 1.56 lakh MT in March 2025), while sales jumped to 2.02 lakh MT (from 1.56 lakh MT) — a sharp ~29% year-on-year jump in monthly sales. For the full financial year FY25-26, cumulative production was 19.07 lakh MT versus 18.03 lakh MT in FY24-25 (about 6% growth), but cumulative sales were almost flat at 15.89 lakh MT versus 15.87 lakh MT. This suggests stronger offtake in the closing month helped clear some inventory built up earlier in the year.
A strong March sales push is mildly positive, but the flat full-year sales indicate that demand conditions were not robust across the year. Investors should watch upcoming quarterly results for realisation (price) trends, since volume growth alone is limited.