Maharashtra Seamless Limited — Investor Meet, 04-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates

Maharashtra Seamless Limited reported a strong performance in Q2 FY25, with revenues up 14% to INR 1,291 crores and EBITDA surging 83% to INR 231 crores. Key factors include improved dispatches of seamless pipes and high-value orders. The company maintains a robust order book of INR 1,700 crores, with a focus on strong demand in the oil and gas sector. The treasury has also improved, contributing significantly to earnings. No immediate share buyback plans were discussed.