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Maharashtra Seamless Ltd consolidated sales down 14.76% on year in Q2FY2026, net profit surged by 159.04%
07-Aug-2026, 07:35
Maharashtra Seamless Ltd share price ticked higher by 0.23% to Rs 583.1 after the company's net profit soared by 159.04% to Rs 266.4 crore, while revenue from operations slipped 14.76% to Rs 1091.2 crore in Q2FY26 over Q1FY26. The market capitalization of Iron & Steel Products industry group stocks on BSE stood at Rs 3.32 lakh crore, gaining 2.77%. It has marginally improved by 3.76% over last one week and crept higher by 1.91% in last one month while the market capitalization of Maharashtra Seamless Ltd has inched up 2.76% and 10.49% in the same period respectively. Profit before tax (PBT) of Maharashtra Seamless Ltd stood at Rs 322.41 crore in Q2 FY26, easing 7.60% year-on-year, and jumping 113.28% quarter-on-quarter. EBITDA came in at Rs 8 crore, slipping 3.54% YoY and nosediving by 97.04% sequentially. Total expenses reduced by 12.54% to Rs 938.96 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 742.44 crore, softening by 5.26% YoY, while employee benefits expense was at Rs 36.61 crore, inching up 4.18% YoY. For the TTM ended FY26, revenue from operations eased 2.51% to Rs 5268.67 crore, while net profit dropped 18.32% to Rs 777.32 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 106941% to Rs 723.03 crore, and PBT contracted 18.21% to Rs 1000.2 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 609.63 crore in FY26, as against Rs 1041.42 crore in FY25. Maharashtra Seamless Ltd nosedived by 13.04% in last one year, underperforming the benchmark BSE Sensex which has softened by 1.97% during the same period.
Maharashtra Seamless Ltd share price ticked higher by 0.23% to Rs 583.1 after the company's net profit soared by 159.04% to Rs 266.4 crore, while revenue from operations slipped 14.76% to Rs 1091.2 crore in Q2FY26 over Q1FY26. The market capitalization of Iron & Steel Products industry group stocks on BSE stood at Rs 3.32 lakh crore, gaining 2.77%. It has marginally improved by 3.76% over last one week and crept higher by 1.91% in last one month while the market capitalization of Maharashtra Seamless Ltd has inched up 2.76% and 10.49% in the same period respectively. Profit before tax (PBT) of Maharashtra Seamless Ltd stood at Rs 322.41 crore in Q2 FY26, easing 7.60% year-on-year, and jumping 113.28% quarter-on-quarter. EBITDA came in at Rs 8 crore, slipping 3.54% YoY and nosediving by 97.04% sequentially. Total expenses reduced by 12.54% to Rs 938.96 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 742.44 crore, softening by 5.26% YoY, while employee benefits expense was at Rs 36.61 crore, inching up 4.18% YoY. For the TTM ended FY26, revenue from operations eased 2.51% to Rs 5268.67 crore, while net profit dropped 18.32% to Rs 777.32 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 106941% to Rs 723.03 crore, and PBT contracted 18.21% to Rs 1000.2 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 609.63 crore in FY26, as against Rs 1041.42 crore in FY25. Maharashtra Seamless Ltd nosedived by 13.04% in last one year, underperforming the benchmark BSE Sensex which has softened by 1.97% during the same period.