MOIL Limited — Interim / Quarterly Report 2024

Jul 30, 2024

EkkW;y fyfeVsM (Hkkjr ljdkj dk midze) EkkW;y Hkou, 1, dkVksy jksM, ukxiqj - 440 013 ☎ : 0712-2806100, 2806182 /216bZ esy : compliance@moil.nic.in osclkbZV: www.moil.nic.in VsyhQsDl: 0712-2591661 lh.vk;.,u ua.: L99999MH1962GOI012398

MOIL LIMITED

(A Government of India Enterprise) MOIL Bhavan, 1A, Katol Road, Nagpur – 440 013 ☎ : 0712-2806100, 2806182 /216 E-Mail : compliance@moil.nic.in Website: www.moil.nic.in Telefax: 0712-2591661 CIN No: L99999MH1962GOI012398

CS/NSE-BSE/2023-24/ Date: 30.07.2024

To, The GM (Listing), National Stock Exchange of India Ltd, Exchange Plaza, Plot No.C-1, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400053

To, Listing Department Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001

Sub : Unaudited Financial Results for the quarter ended on 30/06/2024. Stock Code: NSE: MOIL BSE: 533286 ISIN: INE490G01020

Dear Sir,

This is further to our letter no. CS/NSE-BSE/2024-25/107 dated 23.07.2024. In this regard, it is to inform that the Board of Directors of the Company in their meeting held today has:

1. Approved the Un-Audited Financial Results of the Company for the quarter ended on 30th June, 2024. We are attaching herewith a copy of the approved results along with the Limited Review Report of the Auditors.

We are also arranging publication of results in newspapers, as per SEBI (LODR) Regulations 2015.

Meeting Started: 15:00 hrs. Meeting Ended: 18:55 hrs.

Yours faithfully,

For MOIL Limited (Neeraj Dutt Pandey) Company Secretary cum Compliance Officer Encl.: As above NEERAJ DUTT PANDEY Digitally signed by NEERAJ DUTT PANDEY Date: 2024.07.30 19:03:56 +05'30'

MOIL LIMITED ¹

CIN : L99999ME1962GOI012398

Statement of un-audited financial results for the quarter ended 30th June, 2024

					('t in lakhs)
Sr. No.	Particulars		For quarter ended
		30.06.2024	31.03.2024	30.06.2023	31.03.2024
		Unaudited	Audited	Unaudited	Audited
1	(a) Revenue from operations
	(b) Other income	49284.17	41587.55	37971.30	144942.45
	Total income	2707.24 51991.41	2398.15 43985.70	2565.55 40536.85	9353.51 154295.96
2	Expenses
	(a) Cost of materials consumed at plants	763.44	612.63	464.38	2387.93
	(b) Purchase of stock-in-trade	0.00	0.00	0.00	0.00
	(c) Ch anges in inventories of fi nished goods, stock in trade and work-in-process	-1073.92	918.77	626.02	-4465.93
	(d) Employee benefits expense	14169.60	15070.11	13127.30	55511.10
	(e) Depreciation and amortisation expense	3643.21	3926.69	3325.29	14424.86
	Other expenses (f)	14054.87	12161.38	11382.54	47737.85
	Total expenses	31557.20	32689.58	28925.53	115595.81
3	Profit/ (loss) before exceptional items and tax [1- 2]	20434.21	11296.12	11611.32	38700.15
4	Exceptional items	0.00	0.00	0.00	0.00
	5 Profit/ (loss) before tax [3 - 4]	20434.21	11296.12	11611.32	38700.15
	6 Tax expense
	(a) Current tax	5424.54	2931 .52	3198.78	10643.87
	(b) Earlier year tax	0.00	-954.22	0.00	-954.22
	(b) Deferred tax	-225.42	203.93	-244.92	-323.57
	Total tax expense	5199.12	2181.23	2953.86	9366.08
7	Net profit/ (loss) for the period from continuing operation [5 - 6]	15235.09	9114.89	8657.46	29334.07
8	Extraordinary items (Net of tax expense)	0.00	0.00	0.00	0.00
9	Net profit/ (loss) for the period [7 - 8]	15235.09	9114.89	8657.46	29334.07
	10 Other comprehensive income
	A (i) Items that will not be reclassified to profit or loss	0.56	2756.69	-891 .98	85 .89
	(ii) Income tax relating to items that will not be reclassified to profit or loss	-0.92	-692.33	224.65	-18.39
	B (i) Items that will be reclassifi ed to profit or loss	0.00	0.00	0.00	0.00
	(ii) Income tax relating to items that will be reclassified to profit or loss	0.00	0.00	0.00	0.00
	Other compreh ensive in come for the period ( net of tax)	-0.36	2064.36	-667.33	67.50
	11 Total Comprehensive Income for the period [9 + 10]	15234.73	11179.25	7990.13	29401.57
	12 Paid-up equity share capital (Face value of share~ 10 each)	20348.52	20348.52	20348.52	20348.52
	13 Other equity excluding revaluation reserve as per balance sheet	240193.47	224958.74	212073.35	224958.74
	14 Earnings per share from continuing operation
	(a) Basic (~ IO each )	7.49	4.48	4.25	14.42
	(b) Diluted (~ IO each )	7.49	4.48	4.25	14.42

FLM: MOIL/HO/FI & AUDIT /2024/108

MOIL LIMITED ²

Segment-wise revenue, results for the quarter ended 30th June, 2024and assets and liabilities as on that date.

						(t' in lakhs)
Sr. No.	Particulars		For quarter ended	Forthe financial year ended
				30.06.2024 31.03.2024 30.06.2023		31.03.2024
			Unaudited	Audited	Unaudited	Audited
	1 Segment revenue
	(a) Mining products		47633.32	38553.14	36551.96	137710.55
	(b) Manufactured products		1965.94	3309.55	1452.59	8297.09
	( c) Power		647.54	553.10	592.11	2245.25
		Sub-total	50246.80	42415.79	38596.66	148252.89
	(-) Inter-segment revenue		962.63	828.24	625.36	3310.44
	Sales/i ncome from operations		49284.17	41587.55	37971.30	144942.45
	2 Segment results [Profit/(-)loss before exceptional items, tax and interest]
	(a) Mining products		17085.34	8381.03	8121.34	27000.22
	(b) Manufactured products		210.18	268.62	514.70	1089.75
	(c) Power		431.45	248.32	409.73	1256.67
		Sub-total	17726.97	8897.97	9045.77	29346.64
	(+) Other unallocable income (net of unallocable expenditure)		2707.24	2398.15	2565.55	9353.51
	Profit from ordinary activ ities before exceptional items and tax		20434.21	11296.12	11611.32	38700.15
	3 Segment assets
	(a) Mining products		144473.98	144440.48	121809.11	144440.48
	(b) Manufactured products		6930.01	6024.52	4689.13	6024.52
	( c) Power (d) Unallocated		6542.22 147064.94	6706.08 131711.17	7193.86 140171.00	6706.08 131711.17
		Total	305011.15	288882.25	273863 .10	288882.25
	4 Segment liabilities
	(a) Mining products (b) Manufactured products		22790.11 1111.83	22262.51 793.28	17997.59 791.54	22262.51 793.28
	(c) Power		849.63	850.99	965.46	850.99
	(d) Unallocated		19717.59	19668.21	21686.64	19668.21
		Total	44469.16	43574.99	41441.23	43574.99
	Notes :
	( 1) The above results. rev iewed by the Audit Committee, have been approved by the Board of Directors in its meeting held on 30th Ju ly. 2024 and have been reviewed by Statutory Auditors of the company. This statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules. 20 15 (Ind AS) prescribed under Section 133 of the Companies Act. 20 13 and other recognised accounting practices and policies to the extent applicable.
	(2) Information about investor complaints for the quarter: Opening - pending as at 30.06.2024 - Nil.		ii. received during the quarter- Nil. resolved during the quarter - Nil and
	(3) Previous period's figures have been regrouped/reclassifi ed, wherever necessary to make them comparable.
	As per our report of even date
	For M/s TACS & Co., -			For MOIL Limited,
~ •--' ~LI~ Chartered Accountants 8s1 //1 Firm's Registration Number: 115064W '-"o 4ti. ~ • ( Q (¼ l~GPIJR -* 1{ I/ CA Ch ithra Ranjith mar Ajit Saxena
	h~ ~ Chairman-cum-Managing Director r a'ciJf Membership Number: 104145 DIN: 08588419
llD IN: 24104145BKEMMV9225

Place : New Delhi Date : 30th .luly,2024

FLM: MOIL/HO/Fl & AUDIT /2024/108

Independent Auditor's Review Report on the Unaudited Standalone Financial Results

To, The Board of Directors, MOIL Limited, Nagpur.

• 1. We have reviewed the accompanying statement of unaudited standalone financial results of MOIL Limited ("the Company") for the quarter ended 30th June 2024 (the statement),attached herewith, being submitted by the company pursuant to the requirements of regulation 33 of SEBI (Listing Obligations & Disclosures Requirements) Regulations, 2015, as amended ("the regulation").
• 1. The preparation of the statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, is the responsibility of the Company's Management and has been approved by the Board of Directors of the Company. Our responsibility is to issue a report on these financial statements based on our review
• 1. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and

accordingly, we do not express an audit opinion.

1. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement.

For, TACS & Co. Chartered Accountants FRN - 115064W

CA Chithra Ranjith (Partner) M. No. 104145 UDIN - 24104145BKEMMV9225

Date: 30th July, 2024 Place: New Delhi

HO: A-1 , lndraneel Apartments, Opp. Collector's Office, Civil Lines, Nagpur (M.S) - 440 001. Tel. - 0712 - 2567193 / +91 9970058079, E-mail -tacs.ca@gmail.com, Website -www.tacs.co.in