Maharashtra Seamless Management Change
Mr. Pithelis Raj Santhanamarian has resigned from the Directorship of Maharashtra Seamless Limited effective 25th September 2026 due to personal reasons.
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Mr. Pithelis Raj Santhanamarian has resigned from the Directorship of Maharashtra Seamless Limited effective 25th September 2026 due to personal reasons.
Maharashtra Seamless Limited held its 38th Annual General Meeting on 15th September, 2026. The company transacted items of business including dividend declaration and director appointments.
MSL reported Q1 FY27 revenue of INR 1,266 Cr, up 3% vs Q4 FY26. PAT surged 150% to INR 271 Cr, primarily driven by improved other income of INR 175 Cr from equity markets.
MSL reported Q1FY27 revenue of Rs 1,266 cr and PAT of Rs 271 cr. Management maintains a dominant 55% market share in seamless pipes.
Maharashtra Seamless Ltd reported revenue from operations of ₹1,091 Cr (-4.7% YoY) and net profit of ₹266.4 Cr (+15.7% YoY) for Q1 FY27.
Maharashtra Seamless Ltd reported revenue from operations of ₹1,280 Cr (-9.7% YoY) and net profit of ₹102.8 Cr (-57.6% YoY) for Q4 FY26.