Maharashtra Seamless Q2 PAT declines 42% YoY to Rs 73 cr

However, revenue from operations increased 9.59% year on year (YoY) to Rs 1,269.80 crore in Q2 FY27 from Rs 1,158.67 crore in Q2 FY26.

Profit before tax stood at Rs 93.64 crore in Q2 FY27, down 44.64% from Rs 169.14 crore in Q2 FY26.

Total expenses increased 10.09% YoY to Rs 1,168.72 crore. Employee benefits expense rose 12.58% to Rs 37.50 crore, while other expenses increased 7.23% to Rs 235.17 crore in Q2 FY27.

The company has appointed Manish Kumar Khandelwal as Chief Financial Officer, effective 13 November 2026.

Maharashtra Seamless manufactures carbon and alloy steel seamless pipes, ERW steel pipes, and casting pipes. The company also operates a windmill.

Shares of Maharashtra Seamless fell 5.13% to settle at Rs 541.40 on Friday, 13 November 2026.

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