Indian government-run manganese miner MOIL Limited has reported a net profit of INR 541 million ($6.50 million) in the third quarter (October-December) of the fiscal year 2024-24, up 37 percent year on year, according to a company statement on Monday, February 5.
The company reported a total income of INR 3.29 billion ($39.62 million), a rise of two percent over the corresponding quarter of the previous fiscal year.
During the third quarter, MOIL Limited achieved manganese ore production of 1.27 million mt, marking a growth of 41 percent year on year, the statement said.
