MOIL Ltd reported its financial results for the quarter ended June 30, 2025 (Q1 FY26), posting a sharp year-on-year (YoY) decline in profitability. The state-run manganese ore miner reported a consolidated net profit of ₹51.5 crore, down 66% compared to ₹152.35 crore in the same quarter last year. The significant drop was driven by lower operational income and continued margin pressure.
Key Highlights: Q1 FY26 (₹ in crore)
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Revenue from Operations: ₹348.06 crore vs ₹492.84 crore YoY (▼29.4%)
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Total Income: ₹370.52 crore vs ₹519.91 crore YoY (▼28.7%)
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Total Expenses: ₹306.70 crore vs ₹315.57 crore YoY
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Profit Before Tax (PBT): ₹63.82 crore vs ₹204.34 crore YoY (▼68.8%)
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Net Profit: ₹51.51 crore vs ₹152.35 crore YoY (▼66.2%)
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Tax Expense: ₹12.32 crore vs ₹52.00 crore YoY
The company’s EBITDA margins were squeezed due to subdued realizations and higher employee and operational expenses. Changes in inventories had a positive impact on this quarter’s cost structure, but this could not offset the steep revenue decline.
