> Automatically verified official update: This page reproduces an official government communication from Ministry of Steel without adding legal conclusions. Always follow the linked primary source where exact wording matters.
The Board of Directors of MOIL Limited approved the financial and operational results for the first quarter of FY 2026-27 (Q1 FY27). The company recorded steady growth across production, sales volume, and overall profitability.
Financial Highlights (Q1 FY 2026-27 vs Q1 FY 2025-26):
Operational Highlights:
Appreciating the efforts of the team, MOIL management said, "These results reflect the dedication and hard work of our entire workforce. The operational discipline and commitment shown by our team have enabled the company to maintain growth across key metrics. As we move forward, MOIL remains focused on achieving higher production targets, improving operational efficiency, and meeting the growing requirements of the domestic steel industry."
MOIL Limited is a Schedule ‘A’ Miniratna Category-I Central Public Sector Enterprise under the Ministry of Steel, Government of India. It is the largest producer of manganese ore in the country, operating underground and open-cast mines across Maharashtra and Madhya Pradesh.
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Official source
[Read the original PIB release](https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2291611)
Source attribution: Press Information Bureau, Government of India.