[Ferro-Alloys.com] MOIL shares rise over 2% as company records best-ever Q3 and nine-month production in FY26

Shares of MOIL were trading over 2% higher on Tuesday, January 6, after the state-owned manganese ore miner reported record production performance for both the third quarter and the nine-month period of FY26. The stock was trading at Rs 376.80, up 2.53%, on the NSE during morning trade.

MOIL disclosed the production milestones after market hours, highlighting strong operational momentum during the ongoing financial year.

Record Q3 FY26 production

MOIL reported its highest-ever manganese ore production for any third quarter since inception. During Q3 FY26, the company produced 4.77 lakh tonnes of manganese ore, marking a 3.7% year-on-year increase.

The company said this was the best Q3 production performance in its history, reflecting improved operational execution across its mining operations.

Best-ever nine-month production

The strong quarterly performance was supported by sustained output growth over the nine-month period. For the April–December FY26 period, MOIL recorded manganese ore production of 14.21 lakh tonnes, registering a 6.8% year-on-year growth.

This marks the highest-ever nine-month production achieved by the company, surpassing the output recorded during the corresponding period of the previous financial year.

MOIL said the consistent growth across quarters underlines its focus on enhancing mining efficiency and maintaining steady production levels throughout the year.

• [Editor:tianyawei]