MOIL registers 17% growth in August achieving highest-ever production of 1.45 lakh tonnes

State-owned Manganese Ore (India) Limited (MOIL) achieved its highest-ever August production of 1.45 lakh tonnes, registering an impressive 17 per cent growth over the corresponding period last year.

The company further delivered 1.13 lakh tonnes of sales in August, reflecting a remarkable 25.6 per cent growth year-on-year.

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During April-August 2025, MOIL recorded its best-ever performance with 7.92 lakh tonnes of production, registering a growth of 9.3 per cent y-o-y and 50,621 meters of exploratory drilling y-o-y, with a growth of 8.6 per cent.

After the announcement of production numbers, MOIL shares gained 8.4 per cent and registered an intra-day high at Rs 374.1 per share on BSE.

The market capitalisation of the company stood at Rs 7,359.04 crore.