Maharashtra Seamless Ltd's Q3FY25 Quarter Results
- 28 Jan 2025
Result Summary
- Maharashtra Seamless Ltd reported a 2.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 3.8%.
- Its expenses for the quarter were up by 6.2% QoQ and 6.1% YoY.
- The net profit decreased 15.5% QoQ and decreased 32.6% YoY.
- The earnings per share (EPS) of Maharashtra Seamless Ltd stood at 13.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1409.83 | 1382.54 | 1465.94 | 2.0% | -3.8% |
Total Expenses | 1154.32 | 1086.82 | 1087.57 | 6.2% | 6.1% |
Profit Before Tax | 255.51 | 295.72 | 378.37 | -13.6% | -32.5% |
Tax | 65.69 | 71.65 | 98.16 | -8.3% | -33.1% |
Profit After Tax | 186.06 | 220.16 | 276.16 | -15.5% | -32.6% |
Earnings Per Share | 13.90 | 16.40 | 20.60 | -15.2% | -32.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Maharashtra Seamless Ltd is a prominent player in the steel pipe manufacturing industry, primarily engaged in the production of seamless and ERW (Electric Resistance Welded) pipes. The company's products are widely used across various sectors, including oil and gas, power, infrastructure, and automotive. As a leader in its field, Maharashtra Seamless Ltd has established a strong presence both domestically and internationally. The company is known for its advanced manufacturing processes and adherence to high-quality standards. Recent developments in the industry or company-specific news are not available in the provided data set.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Maharashtra Seamless Ltd reported a total income of ₹1,409.83 crores. This represents a 2.0% increase compared to the previous quarter (Q2FY25), where total income was ₹1,382.54 crores. However, when compared year-over-year (YoY) with the third quarter of the fiscal year 2024 (Q3FY24), the total income saw a decline of 3.8%, from ₹1,465.94 crores. These figures reflect the company's performance in generating revenue within the specified periods.
Profitability
The profitability metrics for Maharashtra Seamless Ltd indicate variations over the specified quarters. The profit before tax in Q3FY25 was ₹255.51 crores, showing a decrease of 13.6% from Q2FY25, which reported a profit before tax of ₹295.72 crores. On a YoY basis, this metric fell by 32.5% from Q3FY24's figure of ₹378.37 crores. The profit after tax for Q3FY25 was ₹186.06 crores, a reduction of 15.5% QoQ from Q2FY25's ₹220.16 crores and 32.6% YoY from Q3FY24's ₹276.16 crores. Earnings per share (EPS) followed a similar trend, decreasing by 15.2% QoQ to ₹13.90 and by 32.5% YoY from the previous year's figure of ₹20.60. These figures highlight the company's profitability within the given timeframe.
Operating Metrics
The total expenses for Maharashtra Seamless Ltd in Q3FY25 amounted to ₹1,154.32 crores, reflecting an increase of 6.2% from the previous quarter's expenses of ₹1,086.82 crores. Comparing YoY, there was a 6.1% rise from Q3FY24's total expenses of ₹1,087.57 crores. The tax paid during Q3FY25 was ₹65.69 crores, which is an 8.3% decrease from Q2FY25's tax amount of ₹71.65 crores and 33.1% lower than Q3FY24's tax payment of ₹98.16 crores. These metrics provide an overview of the company's operating expenses and tax obligations over the analyzed quarters.
