MOIL, has declared 50% (i.e., Rs 5 a share) interim dividend for the year 2014-15.  The Interim Dividend cheque of Rs 601.2 million was presented to Narendra Singh Tomar, steel and mines minister at New Delhi today.

During nine months financial of F.Y. 2014-15 ended on 31.12.2014, the production of Manganese Ore was 8.22 lakh tonnes. The company has achieved a total income of Rs 8.79 billion during the period. It has earned Profit before Tax (PBT) of Rs 4.93 billion and Profit after Tax (PAT) of Rs 3.25 billion during the said period. MOIL’s shares are also listed on National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE), Mumbai.

At present, MOIL's paid-up capital is Rs 1.68 billion out of which 71.57% is held by Government of India, 4.62% by Government of Maharashtra, 3.81% by Government of Madhya Pradesh and the rest (20%) by public.