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30/07/2025 14:31

MOIL Q1 net profit down 66.19% at Rs 51.51 cr

The company reported standalone net profit of Rs 51.51 crore for the quarter ended June 30, 2025 as compared to Rs 152.35 crore in the same period last year, registering a year-on-year decline of 66.19 per cent.

Net revenue of the company declined substantially by 29.38 per cent at Rs 348.06 crore in April-June quarter of this fiscal as against Rs 492.84 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 3.54 per cent to Rs 269.26 crore from Rs 279.14 crore in year ago period.

Other Income dipped by 17.03 per cent at Rs 22.46 crore versus (Jun'24 Rs 27.07 crore).

Operating Profit slipped by 63.13 per cent to Rs 78.80 crore as against Rs 213.70 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 47.79 per cent in June quarter.

Taxation decreased by 76.30 per cent at Rs 12.32 crore (Jun'24 Rs 51.99 crore).