India’s government-run manganese miner MOIL Limited achieved net profit of INR 515.50 million ($5.90 million) during the first quarter (April-June) of fiscal 2025-26, a decline of 66.19 percent over corresponding quarter of previous fiscal, according to a regulatory filing of the company on Friday, August 1.
The company achieved total sales revenue of INR 3.48 billion ($39.86 million) during the quarter, a fall of 29.38 percent.
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