MOIL Limited — Interim / Quarterly Report 2026

Nov 11, 2025

(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/2025-26/ Date: 11.11.2025

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 and half year ended on 30/09/2025.

Stock Code: NSE: MOIL BSE: 533286 ISIN: INE490G01020

Dear Sir,

This is further to our letter no. CS/NSE-BSE/2025-26/240 dated 30.10.2025. In this regard, it is to inform that the Board of Directors of the Company in their meeting held today has:

1. Approved the Unaudited Financial results of the Company for the quarter and half year ended on 30 th September, 2025. 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.

1. Declare Interim Dividend Rs.1.80 per equity share of face value Rs.10 each for the financial year ending on 31st March, 2025.

As earlier informed to the exchange the Record date for the purpose of payment of dividend is 15.11.2025. The date of payment of interim dividend for the financial year 2025-26 shall be 09.12.2025.

Meeting Started: 11:00 hrs. Meeting Ended: 1:15 hrs.

Yours faithfully,

For MOIL Limited

Neeraj Dutt Pandey Digitally signed by Neeraj Dutt Pandey Date: 2025.11.11 13:29:39 +05'30'

(Neeraj Dutt Pandey) Company Secretary cum Compliance Officer

Encl.: As above

CIN: L99999MH1962GOI012398

Statement of unaudited financial results for the quarter and half year ended 30th September, 2025

							(<' in lakhs)
Sr. No.	Particulars		For quarter ended			For the half year ended
		Unaudited	30.09.2025 30.06.2025 30.09.2024 30.09.2025 30.09.2024 Unaudited	Unaudited	Unaudited	Unaudited	31.03.2025 Audited
1	(a) Revenue from operations	34804.78	34805.98	29189.29	69610.76	78473.46	158494.09
	(b) Other income	3028.03	2246.49	2678.69	5274.52	5385.93	11137.58
	Total income	37832.81	37052.47	31867.98	74885.28	83859.39	169631.67
	2 Expenses (a) Cost of materials consumed at plants (Net) (b) Purchase of stock-in-trade (c) Changes in inventories of fi nished goods, stock in trade and work-in-process	541.05 1530.34 -3454.48	550.05 0.00 -1569.73	674.35 0.00 -4630.47	1091.10 1530.34 -5024.21	1437.79 0.00 -5704.39	2502.73 0.00 -7272.95
	( d) Employee benefits expense	13946.46	14062.18	13657.35	28008.64	27826.95	56393.63
	(e) Deprecia tion and amortisation expense	4002.53	3744.42	3781.41	7746.95	7424.62	15213.04
	(f) Consumption of stores and spares etc.	2499.94	3279.12	2514.07	5779.06	5836.04	12578.34
	(g) Other expenses	9791.40	10603.99	9055.74	20395.39	19788.64	41538.67
	Total expenses	28857.24	30670.03	25052.45	59527.27	56609.65	120953.46
	3 Profit/ (loss) before exceptional items and tax [1- 2]	8975.57	6382.44	6815.53	15358.01	27249.74	48678.21
	4 Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00
	5 Profit/ (loss) before tax [3 -4)	8975.57	6382.44	6815.53	15358.01	27249.74	48678.21
	6 Tax expense (a) Current tax (b) Earlier year tax (c) Deferred tax Total tax expense	2503.18 0.00 -571.46 1931.72	1736.43 0.00 -504.57 1231.86	1920.05 0.00 -100.44 1819.61	4239.61 0.00 -1076.03 3163.58	7344.59 0.00 -325.86 7018.73	12617.97 1.85 -2105.32 10514.50
	7 Net profit/ (loss) for the period from continuing operation [5 - 6]	7043.85	5150.58	4995.92	12194.43	20231.01	38163.71
	8 Extraordinary items (Net of tax expense)	0.00	0.00	0.00	0.00	0.00	0.00
	9 Net profit/ (loss) for the period [7 -Bl	7043.85	5150.58	4995.92	12194.43	20231.01	38163.71
	10 Other comprehensive income a (i) Items that will not be reclassified to profit or loss (ii) In come tax relating to items tha t will not be reclassified to profit or loss b (i) Items that will be reclassified to profit or loss (ii) Income tax relating to items that will be reclassified to profit or loss Other comprehensive income for the period ( net of tax)	-1682.29 413.79 0.00 0.00 -1268.50	-1639.37 413.79 0.00 0.00 -1225.58	1.42 -1.84 0.00 0.00 -0.42	-3321.66 827.58 0.00 0.00 -2494.08	1.98 -2.76 0.00 0.00 -0.78	-8440.68 2128.53 0.00 0.00 -6312.15
	11 Total Comprehensive Income for the period [9 + 10]	5775.35	3925.00	4995.50	9700.35	20230.23	31851.56
	12 Paid-up equity share capital (Face val ue of share~ 10 each)	20348.52	20348.52	20348.52	20348.52	20348.52	20348.52
	13 Other equity excl ud ing revaluation reserve as per balance sheet	249865.57	247366.33	240000.10	249865.57	240000.10	243441.32
	14 Earnings per share from continuing operation (a) Basic(~ IO each ) (b) Diluted (~ 10 each)	3.46 3.46	2.53 2.53	2.46 2.46	5.99 5.99	9.94 9.94	18.76 18.76

FLM: MOIL/HO/Fl & Audit/2025/120

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Statement of assets and liabilities

			(tin lakhs)
	Sr Particulars	Asat	As at
No		30.09.2025	31.03.2025
		Unaudited	Audited
	1 ASSETS
	Non·current assets
	(a) Property. Plantand Equipment	83633.84	85213.92
	(b) Capital work-in-progress	49470.05	46538.99
	(c) Investment Property	0.00	0.00
	(d) Other Intangible assets	8705.87	6756.11
	(e) Intangible assets under development	3285.82	4183.26
	(f) Financial Assets
	(i) Investments	766.56	766.56
	(ii) Trade receivables	0.00	0.00
	(i ii) Loans	117.39	170.05
	(iv) Others	2116.03	4074.41
	(g) Deferred tax assets (Net)	6068.46
	(h) Other non-current assets	14184.20	4992.43 11510.77
	Sub-total - Non-current assets (1)	168378.22	164206.50
	2 Current assets
	(a) Inventories (b)	33978.71	28849.68
	Financial Assets (i) Investments
	(ii) Trade receivables	17186.58 14876.34	6991.69
	(iii) Cash and cash equivalents		14555.21
		64.84	281.04
	(iv) Bank balances other than (iii) above	83564.50	89718.69
	(v) Loans (vi) Others	466.84 1326.41	363.33 4303.77
	(c) Current tax assets [Net]	3659.59	3999.01
	(d) Other current assets	6674.35	7656.93
	Assets held for sale	209.57	209.57
	Sub-total - Current assets (2)	162007.73	156928.92
	TOTAL - ASSETS (1+2)	330385.95	321135.4 2
	EQUITY AND LIABILITIES
	1 Equity
	(a) Equity Share capital	20348.52	20348.52
	(b) Othe r Equity	249865.57	243441.32
	Sub-total · Equity (1)	270214.09	263789.84
	Liabilities
	2 Non-current liabi lities
	(a) Financial Liabilities
	(i) Bo rrowings	0.00	0.00
	[ii] Trade payables	0.00	u.uo
	(iii) Other financia l liabilities (other than those specified J	341.87	243.39
	(b) Provisions	14321.40	13138.33
	(c] Other non-current liabilities	0.00	0.00
	Sub-total - Non-current liabilities (2)	14663.27	13381.72
	3 Current liabilities (a) Financial Liabilities
	(i) Borrowings	0.00	0.00
	(ii) Trade payables	5350.30	4605.11
	(iii] Other financia l liab ilities	22153.99	25176.16
	(b] Other current liabilities	7086.88	6242.11
	(c] Provisions	10917.42	7940.48
	[d) Current Tax Liab ilities (Net]	0.00	0.00
	Sub-total - Current liabilities (3)	45508.59	43963.86
	TOTAL - EQUITY AND LIABILITIES (1+2+3)	330385.95	321135.42

FLM: MOIL/HO/Fl & Audtt/2025/120

Segment-wise r evenue, unaudited financia l results for the quarter and half year ended 30th September, 2025and assets and lia bilities as on tha t date.

							(t in lakhs)
Sr. No.	Particulars	For quarter ended			For the half year ended		For the financial year ended
		30.09.202 5 Unaudited	Unaudited	30.06.2025 30.09.2024 30.09.2025 30.09.2024 Unaudited	Unaudited	Unaudited	31.03.2025 Audited
	1 Segment revenue
	(a) Mining products	32992. 12	32153.41	27179.21	65145.53	74812.53	147864.42
	(b) Manufactured products	2106.86	2927.12	2446.29	5033.98	4412.23	12389.14
	[c) Power	545.98	616.52	554.31	1162.50	1201.85	1902.96
	Sub-total	35644.96	35697.05	30179.81	71342.01	80426.61	162156.52
	(·) Inter-segment reve nue	840.18	891.07	990.52	1731.25	1953.15	3662.43
	Sales/income from operations	34804.78	34805.98	29189.29	69610.76	78473 .46	158494.09
	2 Segment results [Profit/(-)loss before exceptional items, tax and interest]
	(a) Mining products	5154.24	3201.68	3587.29	8355.92	20672.63	34576.42
	(b] Manufactured products	504.86	567.04	183.33	1071.90	393.51	2118.26
	(c) Power	288.44	367.23	366.22	655.67	797.67	845.95
	Sub-total	5947.54	4135.95	4136.84	10083.49	21863.81	37540.63
	( +) Other unallocable income (net of unallocable expenditure]	3028.03	2246.49	2678.69	5274.52	5385.93	11137.58
	Profi t from ordina ry activities before exceptional items and tax	8975.57	6382.4 4	6815.53	15358.01	27249.74	48678.21
	3 Segment assets
	(a) Mining products	189889.59	191204.74	166891.93	189889.59	166891.93	183205.97
	(b) Manufactured products	7289.75	6740.95	7388.24	7289.75	7388.24	6413.76
	(c) Power	5855.98	6072.24	6512.00	5855.98	6512.00	6166.19
	(d) Una llocated	127350,63	123266.63	130267.95	127350.63	130267.95	125349.50
	Total	330385.95	327284.56	311060.12	330385.95	311060.12	321135.42
	4 Segment liabilities
	(a) Mining prod ucts	45848.80	41174.93	38513.92	45848.80	38513.92	42347.74
	[b) Manufactured products	1414.80	1076.58	1181.66	1414.80	1181.66	1201.96
	(c) Power	886.68	1026.50	617.45	886.68	617.45	944.95
	(d) Una llocated	12021.58	16291.70	10398.47	12021.58	10398.47	12850.92
	Total	60 171.86	59569.71	50711.50	60171.86	50 711.50	57345.57
	Notes :
	( I) The above results, reviewed by the Audit Comminee, have been approved by the Board of Directors in its meeting held on 11 th November, 2025 and have been reviewed by Statutory Auditors of the company. This statement has been prepared in accord ance with the Companies (Indian Accounting Standards) Rules, 20 15 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable.
	(2) The Board has approved an interim dividend of~ 1.80 per equity share fo r the the fi nancial year 2025-26.
	(3) In forma tion about investor complaints for the quarter : Opening - Nil, received during the quarter- 3, resolved during the quarter -3, and pending as on 30.09.2025 • Nil.
	(4) MOIL has no subsidiary/associate/joint venture company as on 30th September,2025.
	(5) Previous period's figures have been regrouped/reclassified, wherever necessary to make them comparable. The figures for the quarter ended 30th September,2025/2024 are balancing figures between the unaudited figures of half year and reviewed fi gures upto 30th June,2025/2024.

Ch art ere'F," d Accountants -w ""f-• ( ~ NAGPUR ~ ~ ~ NAGPUR,f ,,✓ I~ zAbidAli * ^~/ .·,r . l> artner Chairman-cum-Managi ng Director Membership Number: 042696 ~~ ACCO DIN : 08588419 uD1N, :C,o~2Gt1<;.e.r1~r:-HHr-,o'l-- -

Place : New Delhi Date : 11 th November,2025

FLM : MOIL/ HO/ Fl & Audit/ 2O25/ 12O

As per our repon of e en date - For M/s TACS & Co., e,S & - For MOIL Limited, Co Oe . ~~ / ~~:;- - Ajit Ku

STA TEl\fENT Of CASH FLOWS , in Jakhs

	Particula rs	htlf y e.a,- 30th Septem ber,2025		As at the end of current reporting As at the end of previous reporting hnlf ycrar 30th Se ptembcr,2024
	A Cash flow from operating activities
	Profit/(Loss) before income tax from
	Continued Operations		15358.0 1		27249.74
	Discontinued Operations		0.00		0.00
	Profit before income tax including discontinued operations		15358.01		27249.74
	Adjustment for -
	(a) Interest on fixed deposits	-3408.47		-3345.49
	(b) Interest from loan to employees (c) Profit on redemption of mutual fund	- 14.35 -1 94.90		-14.10
	(d) Depreciation & Amortisation expense	7746.95		-606.38 7424.63
	(e) Deductions from plant, property and equipment	1.97		7.96
			4131.20		3466.62
	Ope rating Profits before working capital changes		19489.21		30716.36
	Adjustments for -
	(a) (-) Increase/Decrease in Inventories	-5 129.03		-5636.86
	(b) (-) Increase/Decrease in Trade Receivables (c) (-) Increase/Decrease in Current Assets	-32 1.13		3294.60
	(d) (-) Increase/Decrease in Non-current Assets	4299.36 -713.34		1439.43 -828.10
	(e) (-) Increase/Decrease in Loans and advances	-80.85		-129.5 1
	(t) Other comprehensive income	-2494.08		1.10
	(g) Increase/(-) Decrease in Trade & other payables	2826.28		7134.63
			-16 12. 79		5275.29
	Cash generated from operations		17876.42		35991.65
	Income tax paid (net) Income tax paid for earlier years		-4239.6 1		-7344.59
	Net cash from operating activities		0.00 13636.81		0.00 28647.06
	B Cash flow from investing activities
	(a) Interest received on fi xed deposits	3408.47		3345.49
	(b) Interest from loan to employees	14.35		14. 10
	(c) Profit on redemption of mutual fund •	158.24		633.56
	(d) Acquisition of tangible and intangible assets and towards capital work in
	progress (net of sale proceeds)	-10 152.22		-7642.73
	(e) Change in advance for purchase of capital items	-1.71		-1651.77
	(I) Proceeds/ (Investment) in term deposits with more than three months	8200.00		-20200.00
	(g) Deposits paid towards LCs and BGs (towards non fund based facilities)	-2053 .84		-16.66
	(h) Investments ( in Joint Venture to be incorporated)	0.00		0.00
	(i) Proceeds/ (Investment) in liquid mutual fund• l"et cash used in investing activities	-1 0 158.22		3566.44
			-10584.93		-21951.57
	C Cash flow from financing activities
	(a) Dividend	-3276.11		-5188.87
	(b) Dividend accounts pending encashment of warrants l'iet cash used in fi nancing activities	8.03	-3268.08	-5186.86	-1 0375.73
D	·et increase/(-) decrease in cash and cash equiva lents		-2 16.20		-3680.24
	E Opening cash and cash equiva lents		281.04		3996.85
	Closin g cash and cash equivalents		64.84		3 16.61
	l'iet increase/(-) decrease in cash and cash equivalents		-216.20		-3680.24
	TI1e statement of cash flows is prepared using the indirect method, as given in Ind AS 7.
	• Adjustment ofeITects of transact-ions ofnon•cash nature, any deferrals or accruals have been made wherever necessary.
	As per our report of eve n date			For and on behalf of the Board of Directors
	For Mis TACS & Co.
			Ajit Ku
				Chairman-cum- Managing Director
				DIN : 08588419

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 and half year ended 30th September 2025 ("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.

Other Matter:

Without qualifying our opinion, we draw attention to the following matters:

1. In the Statement of unaudited financial results for the quarter and half year ended 30- 09-2025, recognition of revenue has been done by including Royalty, District Mineral Fund (DMF) and National Minerals Exploration Trust contribution (NMET) collected on behalf of third party on actual basis as per contract. However, this treatment is not in line with I ND AS 115, which stipulates that revenue must be shown on net basis excluding all collection on behalf of third parties. This has been done by the Company as per industry practice and based on expert opinion obtained.

1. In the Statement of Assets and Liabilities for the half year ended 30-09-2025 the classification of Expenditure (MOIL Share) for proposed Joint Venture with Gujarat Mineral Development Corporation (Rs. 765.28 Lacs) has been disclosed as Investments and Expenditure towards proposed Joint Venture with Government of Madhya Pradesh and Madhya Pradesh State Mining Corporation Ltd. (Rs. 1643.99 Lacs) and Chhattisgarh Mineral Development Corporation (Rs. 112.67 Lacs) have been disclosed as Capital Work in Progress - Exploration. All these Expenditures towards proposed Joint Venture should have been classified and disclosed as Other Non - Current Assets.

Our opinion is not modified in respect of the above matters.

For, TAGS & Co. Chartered Accountants FR~ - 115064W \ ~

umtaz A Ali (Partner) M. No. 042696 UDIN - 25042696BMLFHH7602

Date: 11/11/2025 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@qmail.com, Website -www.tacs.co.in