Iron & Steel/Interm. Products company Maharashtra Seamless declares Q3FY22 result: 9 months ending 31 December 2021: Total pipes production – 272k MT Seamless pipes – 217k MT ERW Pipes – 55k MT PBT – Rs. 357 crores PAT – Rs. 287 crores 3 months ending 31 December 2021 Total pipes production –98k MT Seamless pipes – 79k MT ERW Pipes – 19k MT PBT – Rs. 123 crores PAT – Rs. 91 crores United Seamless Tubulaar Pvt. Ltd. (USTPL) 3 months ending 31 December 2021 Total pipes production – 21k MT PBT – Rs. 23 crores PAT – Rs. 23 crores Result PDF
Financial Highlights Q2 FY22: Income from operations was at Rs. 81,139 Lacs EBITDA was at Rs. 12,401 Lacs EBITDA margin was at 15.3% PBT was at Rs.12,003 Lacs Net profit for the quarter was Rs. 9,237 Lacs Commenting on Maharashtra Seamless Limited’s results, Mr. Saket Jindal, Managing Director, said: “Our company has delivered strong results with healthy sales of Rs.1,417 crores and PAT of Rs.196 crores for the Half Year. With our current production levels coupled with a healthy demand, our company is on track to achieve the desired goals. We are in position to cater to both domestic and overseas markets with shortest possible Turnaround Time utilising the process efficiencies within the company.” Result PDF