MOIL Q3 Profit Dips 17% Despite Steady Operations; Dividend Declared

Earnings
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CNBC TV18•30-01-2026, 15:36
MOIL Q3 Profit Dips 17% Despite Steady Operations; Dividend Declared
- •MOIL Ltd reported a 17% year-on-year decline in profit after tax (PAT) for Q3FY26, reaching ₹52.9 crore.
- •The profit drop was primarily due to a 48% fall in 'other income', which decreased to ₹16.9 crore.
- •Revenue for the quarter was ₹360 crore (down 2%), while EBITDA increased 2% to ₹97 crore.
- •Operating margins improved to 27.03% from 25.93% in the year-ago period.
- •The company declared a second interim dividend of ₹3.53 per equity share for FY26.
Why It Matters: MOIL's Q3 profit fell 17% due to reduced 'other income', despite stable core operations and improved margins.
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