Business Reporter :
MOIL has reported it best ever
Augustproduction of 1.24lakh
tonne in 2024. It had achieved
production of 7.24 lakh tonne
during first five months of the
current financial year (April to
August 2024), registering a
growth of 7% over the
CorrespondingPeriodLastYear
(CPLY),saidcompanyofficials.
MOIL has achieved sales of
5.92 lakh tonne during AprilAugust 2024, which is almost
at the same level of last year.
Thisisdespitechallengingmarket conditions and high international price volatility over
the past few months.
Revenue fromoperationshas
increased by about 11 per cent
duringApril-August, 2024over
the corresponding period of
last year.MOIL has carried out
exploratory core drilling of
46,585 meters upto August,
2024 which is 1.6 times than
the previous year, informs a
press release issued here.