MOIL Limited has reported a 16% year-on-year (YoY) decline in revenue, which stood at ₹2,918.9 crore for Q2 FY25, compared to ₹3,475.3 crore in the same quarter last year. The company’s net profit also saw a significant drop of 18.8% YoY, coming in at ₹499.6 crore, down from ₹615.2 crore in Q2 FY24.
Despite the decline in both revenue and profit, the company continues to navigate a challenging environment, impacting its financial performance this quarter.
