Maharashtra Seamless announced that the 36th Annual General Meeting (AGM) of the company will be held on 28 August 2024.Powered by Capital Market - Live News

Maharashtra Seamless announced that the Board of Directors of the Company at its meeting held on 21 May 2024, inter alia, have recommended the final dividend of Rs 10 per equity Share (i.e. 200%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Maharashtra Seamless declined 40.99% to Rs 218.37 crore in the quarter ended March 2024 as against Rs 370.04 crore during the previous quarter ended March 2023. Sales declined 25.59% to Rs 1214.90 crore in the quarter ended March 2024 as against Rs 1632.73 crore during the previous quarter ended March 2023.For the full year,net profit rose 24.40% to Rs 951.32 crore in the year ended March 2024 as against Rs 764.75 crore during the previous year ended March 2023. Sales declined 5.40% to Rs 5404.12 crore in the year ended March 2024 as against Rs 5712.75 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales1214.901632.73 -26 5404.125712.75 -5 OPM %22.2219.20 -22.1817.69 - PBDT313.55335.03 -6 1332.551061.39 26 PBT289.73300.99 -4 1222.83923.66 32 NP218.37370.04 -41 951.32764.75 24 Powered by Capital Market - Live News

Maharashtra Seamless will hold a meeting of the Board of Directors of the Company on 21 May 2024Powered by Capital Market - Live News

Maharashtra Seamless has received an order of Rs 674 crore from Oil & Natural Gas Corpn for supply of casing seamless pipes. Powered by Capital Market - Live News