MOIL Limited (NSE: MOIL; BSE: 533286), a Miniratna state-owned enterprise and India's largest producer of manganese ore, has released its provisional production and sales figures for the month and financial year ended March 31, 2026. The company demonstrated consistent growth in its extraction capabilities, hitting significant milestones for the full fiscal year.
Production Performance: Surpassing 19 Lakh MT
For the full financial year FY'26, MOIL achieved a cumulative production of 19.07 Lakh MT, representing a steady growth over the 18.03 Lakh MT produced in the previous fiscal year.
Monthly Trend: In March 2026 alone, the company produced 1.64 Lakh MT, compared to 1.59 Lakh MT in March 2025.
Operational Efficiency: The year-on-year increase in cumulative production highlights MOIL's successful efforts in scaling up mining operations and optimizing output across its various mines.
Sales and Market Demand
The company maintained a strong sales trajectory, ensuring that increased production translated effectively into market supply.
Cumulative Sales: For FY'26, cumulative sales reached 15.89 Lakh MT, marginally higher than the 15.87 Lakh MT recorded in FY'25.
March 2026 Spike: Notably, sales in the month of March 2026 saw a significant jump to 2.02 Lakh MT, compared to 1.56 Lakh MT in the same month last year. This sharp increase in monthly sales indicates robust demand from the steel industry and other end-users during the final month of the financial year.
The company continues to focus on its strategic goal of increasing domestic production to reduce import dependency for manganese ore in India.
Shares of MOIL Limited was last trading in BSE at Rs. 292.90 as compared to the previous close of Rs. 294.85. The total number of shares traded during the day was 52928 in over 2231 trades.
The stock hit an intraday high of Rs. 294.15 and intraday low of 285.25. The net turnover during the day was Rs. 15346103.00.