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Ministry of Steel

MOIL Reports Strong Performance in Q1 FY 2026-27; Profit After Tax Up by 70%

MainsGS2GS3GovernanceEconomyReports/Indices
Source-grounded summary

The Board of Directors of MOIL Limited, a Schedule ‘A’ Miniratna Category‑I PSU under the Ministry of Steel, approved its Q1 FY 2026‑27 results. Revenue from operations rose 7 % to ₹370.88 crore and total revenue increased 6 % to ₹391.13 crore. Profit before tax jumped 75 % to ₹111.62 crore and profit after tax rose 70 % to ₹87.62 crore. Net sales realization improved 10 % to ₹9,749 per MT. Manganese ore production reached 507,605 MT (up 1 %) and sales rose 4 % to 369,049 MT. The company highlighted operational discipline and its role in meeting domestic steel industry requirements.

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