MOIL Q4 profit drops 20% despite slight rise in revenue; margins come under pressure
MOIL Limited reported a decline in profitability for the March quarter, even as revenue saw modest growth. Net profit for Q4 fell 20% year-on-year to ₹92.6 crore, compared with ₹115.7 crore in the same period last year. The drop in earnings came despite a marginal increase in topline performance. Revenue rose 2.6% to ₹444.5 crore…
