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India’s MOIL Limited sees 76% rise in net profit in Q1 FY 2024-25

Time:Thu, 01 Aug 2024 11:33:26 +0800

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Indian government-run manganese miner MOIL Limited has reported a net profit of INR 1.52 billion ($18.20 million) in the first quarter (April-June) of the fiscal year 2024-25, marking a rise of 75.98 percent over the corresponding quarter of the previous year, according to a company statement on Wednesday, July 31. The company achieved total sales revenue of INR 4.92 billion ($58.88 million) in the given quarter, a rise of 25.79 percent over the corresponding quarter of the previous fiscal year.
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