India's MOIL climbs on Q3 profit rise

Moil

12/02/2025 09:18

** Shares of manganese ore miner MOIL  MOIL.NS  gain as much
as 3.4% to 311.3 rupees; set to snap three straight sessions of
losses 
    ** MOIL's Q3 net profit jumps ~18% y/y on higher prices for
its finished products 
    ** Rev from ops rises ~20% y/y, expenses surge ~23% 
    ** Co also declared an interim dividend of 4.02 rupees
apiece 
    ** Stock last up 1.1%; it is down about 7% since Q2 results
on October 25 



 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))