Maharashtra Seamless manufactures carbon and alloy steel seamless pipes, ERW (Electrical Resistance Welding) steel and castings pipes. The company also owns a wind power mill.
The compnay reported 94.3% jump in consolidated net profit to Rs 176.58 crore on a 48.6% rise in net sales to Rs 1414.21 crore in Q2 FY23 over Q2 FY22.
The scrip rose 0.15% to end at Rs 805.05 on Friday, 18 November 2022.