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Maharashtra Seamless Ltd Q2FY24; 56% 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 Q2FY24 of ₹1,535.00 Crores up from ₹1,414.00 Crore year on year, a rise of 8.56%.
  • Total Expenses for Q2FY24 of ₹1,234.00 Crores up from ₹1,218.00 Crores year on year, a rise of 1.31%.
  • Consolidated Net Profit of ₹251.00 Crores up 55.9% from ₹161.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹18.69, up 55.49% from ₹12.02 in the same quarter of the previous year.
Tags: steel pipe
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