Maharashtra Seamless Q1 PAT jumps 16% YoY to Rs 266 cr
However, total revenue declined 4.72% year on year (YoY) to Rs 1,091.20 crore in Q1 FY27.
Profit before tax stood at Rs 322.41 crore in Q1 FY27, up 7.59% as against Rs 299.65 crore in Q1 FY26.
Total expenses decreased 6.25% YoY to Rs 939.49 crore. Employee benefits expense rose 12.99% to Rs 36.61 crore, while other expenses were higher by 5.31% at Rs 238.33 crore in Q1 FY27.
The company has appointed Shiv Kumar Singhal as Whole-time Director, effective 7 August 2026, for a period of three years, subject to shareholders? approval.
Maharashtra Seamless manufactures carbon and alloy steel seamless pipes, ERW steel pipes, and casting pipes. The company also operates a windmill.
The scrip added 1.19% to end at Rs 590.05 on the BSE.
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