MOIL Ltd shares fell over 4% in intraday trade on Wednesday after the state-run manganese ore miner reported weak financial performance for the quarter ended June 30, 2025 (Q1 FY26).
The company posted a steep 66% year-on-year (YoY) decline in net profit, coming in at ₹51.51 crore compared to ₹152.35 crore in the same quarter last year.
Revenue from operations stood at ₹348.06 crore, down 29.4% from ₹492.84 crore YoY, while total income dropped to ₹370.52 crore from ₹519.91 crore, marking a 28.7% contraction. The company’s profit before tax also saw a steep fall of 68.8%, dropping to ₹63.82 crore from ₹204.34 crore last year.
Total expenses for the quarter marginally reduced to ₹306.70 crore versus ₹315.57 crore YoY. Despite a positive contribution from inventory changes, the company’s EBITDA margins took a hit due to subdued realizations and elevated employee and operational costs. Tax expense also declined to ₹12.32 crore from ₹52 crore YoY.
In terms of market performance, MOIL stock opened at ₹370.90 and hit an intraday low of ₹347.70 before recovering slightly. The stock had closed at ₹369.50 in the previous session. It has a 52-week high of ₹519.00 and a 52-week low of ₹274.05.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
