MOIL Q1 FY27 Results: PAT Jumps 70%, PBT Soars 75% on Strong Operational Performance – Indian PSU

State-owned MOIL Limited, India’s largest producer of manganese ore, has reported a robust financial performance for the first quarter of FY 2026-27, with Profit After Tax (PAT) surging 70% year-on-year to ₹87.62 crore and Profit Before Tax (PBT) rising 75% to ₹111.62 crore.

The Board of Directors of the Schedule ‘A’ Miniratna Category-I Central Public Sector Enterprise approved the financial and operational results for the quarter, reflecting steady growth in revenue, production, sales, and profitability.

Strong Financial Performance

During Q1 FY27, Revenue from Operations increased by 7% to ₹370.88 crore, compared to ₹348.06 crore in the corresponding quarter of the previous financial year.

The company’s Total Revenue also registered a healthy 6% increase, reaching ₹391.13 crore, up from ₹370.52 crore in Q1 FY26.

The sharp improvement in profitability was driven by higher realizations and operational efficiency. Profit Before Tax (PBT) climbed to ₹111.62 crore, a 75% increase over ₹63.82 crore recorded in the same quarter last year. Meanwhile, Profit After Tax (PAT) rose to ₹87.62 crore, registering a 70% growth compared to ₹51.51 crore in Q1 FY26.

The company’s Net Sales Realization (NSR) improved by 10% to ₹9,749 per metric tonne, against ₹8,884 per metric tonne during the corresponding period last year.

Operational Growth Continues

MOIL maintained stable production levels during the quarter. Manganese ore production stood at 507,605 metric tonnes, registering a 1% increase over 502,260 metric tonnes produced during Q1 FY26.

The company also achieved higher sales, with manganese ore sales increasing by 4% to 369,049 metric tonnes, compared to 356,196 metric tonnes in the same quarter of the previous financial year.

Management Statement

Appreciating the efforts of its workforce, the management said the results reflect the dedication and operational discipline demonstrated across the organization.

“These results reflect the dedication and hard work of our entire workforce. The operational discipline and commitment shown by our team have enabled the company to maintain growth across key metrics. As we move forward, MOIL remains focused on achieving higher production targets, improving operational efficiency, and meeting the growing requirements of the domestic steel industry,” the company said.