Business Reporter :
MOIL has achieved its highest-ever January production and sales in FY 2025, demonstrating strong operational performance.
The company’s January 2025 performance includes best-ever January manganese ore production of 1.6 lakh tonnes; best-ever January sales of 1.57 lakh tonnes, reflecting a 17 per cent increase over the corresponding period last year (CPLY); and exploratory core drilling of 11,099 meters, 10 per cent higher than CPLY.
Expressing satisfaction over the company’s performance, Ajit Kumar Saxena, Chairman and Managing Director of MOIL, stated, “This remarkable achievement reflects the company’s commitment to operational excellence and growth.
We are confident that the company will continue its upward trajectory and maintain the momentum in the coming months.”. Additionally, during the April–January 2025 period also, best ever performance was recorded when the company posted total production of 14.9 lakh tonnes, higher by 4 per cent over CPLY and total sales of 12.96 lakh tonnes, an increase of 5 per cent over CPLY.
In Further, exploratory core drilling of 83,439 meters, 17.6 per cent higher than CPLY, was also recorded, says a press release issued by the company.