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Maharashtra Seamless Ltd Q1FY24; 48% rise in Profits

Maharashtra Seamless Limited, incorporated in 1988, is engaged in the business of manufacturing of Steel Pipes and Tubes. It is also engaged in power generation.

Financial Results:

Maharashtra Seamless Ltd reported Revenues for Q1FY24 of ₹1,223.00 Crores down from ₹1,334.00 Crore year on year, a fall of 8.32%.

Total Expenses for Q1FY24 of ₹1,029.00 Crores down from ₹1,161.00 Crores year on year, a fall of 11.37%.

Consolidated Net Profit of ₹207.00 Crores up 47.86% from ₹140.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹15.41, up 48.03% from ₹10.41 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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