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MOIL Ltd Q3FY24; 35% rise in Profits

MOIL Ltd is primarily engaged in mining of manganese ore and is the largest manganese ore producer in the country. It is a miniratna state-owned company owned by Govt. of India.

Financial Results:

MOIL Ltd reported Revenues for Q3FY24 of ₹306.00 Crores up from ₹302.00 Crore year on year, a rise of 1.32%.

Total Expenses for Q3FY24 of ₹254.00 Crores down from ₹277.00 Crores year on year, a fall of 8.3%.

Consolidated Net Profit of ₹54.00 Crores up 35.0% from ₹40.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.66, up 37.11% from ₹1.94 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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