Indian government-run manganese miner MOIL Limited achieved a net profit of INR 704.40 million ($7.95 million) in the second quarter (July-September) of the fiscal year 2025-26, a rise of 40.9 percent over the corresponding quarter of the previous year, a company statement said on Wednesday, November 12.
The company reported total revenues of INR 2.7 billion ($30.22 million) in the given quarter, a decline of 12.86 percent over the corresponding quarter of the previous fiscal year.
I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.
10 Nov | Steel News