Q3FY22 Quarterly Result Announced for MOIL Ltd.
Metal and Mining company MOIL announced Q3FY22 results: MOIL reported 305% jump in its net profit at Rs 245.91 crore for nine months ended December 31, 2021, as against Rs 60.59 crore in previous year. During the said nine months period, the company recorded Revenue from operations at Rs. 968.41 crores as against Rs. 727.26 crores during corresponding period last year. The company also registered growth of 16% in production as production of manganese ore increased from 7.41 lakh tonnes to 8.57 lakh tonnes during nine months period. The company has achieved highest Q3 turnover and total income in last four financial years. The net profit of the company at Rs. 123.88 crores is the highest quarterly profit since FY2019-20. Result PDF14-02-2022