Mumbai, Aug. 7 -- However, total revenue declined 4.72% year on year (YoY) to Rs 1,091.20 crore in Q1 FY27.

Profit before tax stood at Rs 322.41 crore in Q1 FY27, up 7.59% as against Rs 299.65 crore in Q1 FY26.

Total expenses decreased 6.25% YoY to Rs 939.49 crore. Employee benefits expense rose 12.99% to Rs 36.61 crore, while other expenses were higher by 5.31% at Rs 238.33 crore in Q1 FY27.

The company has appointed Shiv Kumar Singhal as Whole-time Director, effective 7 August 2026, for a period of three years, subject to shareholders' approval.

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

The scrip added 1.19% to end at Rs 590.05 ...