MOIL Q2 Net Profit Jumps Over 2-fold to Rs 61.52 Crore – News18

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MOIL Q2 Net Profit Jumps Over 2-fold to Rs 61.52 Crore – News18


Last Updated: November 08, 2023, 15:45 IST

State-owned MOIL on Wednesday posted an over two-fold development in its web revenue to Rs 61.52 crore for the September quarter, helped by greater earnings. It had clocked Rs 27.34 crore web revenue within the 12 months-in the past interval, the corporate mentioned in a regulatory submitting.

Total earnings rose to Rs 368 crore, over Rs 256.82 crore in the identical quarter a 12 months in the past. The firm’s bills stood at Rs 286.43 crore, as in opposition to Rs 229.82 crore within the 12 months-in the past quarter.

MOIL, underneath the Ministry of Steel, meets about 46 per cent of the overall requirement of dioxide ore within the nation.

(This story has not been edited by News18 employees and is printed from a syndicated information company feed – PTI)



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