MOIL Achieves Record-High January Production and Sales in FY 2025
Team Finance Saathi
01/Feb/2025
What's covered under the Article:
- MOIL records its highest-ever January manganese ore production of 1.6 lakh tonnes in FY 2025.
- January sales reach 1.57 lakh tonnes, marking a 17% rise over the same period last year.
- Exploratory core drilling increases by 10%, supporting future resource expansion.
MOIL Limited, a leading manganese ore producer in India, has achieved a historic milestone in January 2025 by recording its highest-ever monthly production and sales figures. The company has demonstrated strong operational efficiency and business growth, setting new benchmarks in the industry.
MOIL’s Record January Performance
MOIL has reported its best-ever manganese ore production for January 2025, reaching 1.6 lakh tonnes. This significant achievement reflects the company’s focus on enhancing output and operational efficiency.
In addition to production growth, MOIL’s sales surged to 1.57 lakh tonnes, reflecting a 17% increase over the corresponding period last year (CPLY). This remarkable performance highlights robust demand and MOIL’s ability to cater to the evolving needs of the market.
Furthermore, the company has made significant progress in exploratory core drilling, achieving 11,099 meters in January 2025, which is 10% higher than CPLY. This proactive approach towards resource expansion reinforces MOIL’s long-term growth strategy.
Best-Ever April–January Performance in FY 2025
The company’s outstanding performance is not limited to January 2025 alone. During the April–January period of FY 2025, MOIL has continued its record-breaking growth, achieving:
- Total production of 14.9 lakh tonnes, marking a 4% increase over CPLY.
- Total sales of 12.96 lakh tonnes, registering a 5% rise over CPLY.
- Exploratory core drilling of 83,439 meters, reflecting a 17.6% growth over CPLY.
Management’s Outlook on Growth and Expansion
Commenting on the company’s success, Shri Ajit Kumar Saxena, Chairman and Managing Director (CMD) of MOIL, expressed confidence in MOIL’s growth trajectory. He emphasized that this remarkable achievement is a result of the company’s operational excellence and strategic initiatives.
"This remarkable achievement reflects MOIL’s commitment to operational excellence and growth. We are confident that the company will continue its upward trajectory and maintain the momentum in the coming months," he stated.
MOIL’s Role in the Indian Mining Sector
As India’s largest manganese ore producer, MOIL plays a crucial role in supporting the steel industry. The company’s consistent production and sales growth ensure a stable supply of high-quality manganese ore, which is essential for the manufacturing of steel and alloys.
With continued investments in exploration, technology upgrades, and capacity expansion, MOIL aims to strengthen its leadership position in the mining sector. The company’s focus on sustainability, efficiency, and operational excellence is expected to drive further growth in the coming years.
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