Maharashtra Seamless has announced the approval of its unaudited financial results for Q3 2026, alongside the reappointment of Mr. S. P. Raj as Whole-time Director for one year, pending shareholder approval. The board meeting, held on January 28, 2026, addressed key financial outcomes and leadership continuity. Further details on segment performance and overall financial health were disclosed in the comprehensive report.
Financial Performance: Q3 2026
The Board of Directors approved the unaudited consolidated and standalone financial results for Q3 2026 (ended December 31, 2025). Key figures from the standalone results include:
- Total Revenue: ₹1,290.06 Crores
- Profit Before Tax: ₹323.97 Crores
- Net Profit After Tax: ₹247.16 Crores
Segment Breakdown (Standalone)
Segment-wise revenue contribution is as follows:
- Steel Pipes & Tubes: ₹1,077.98 Crores
- Power – Electricity: ₹19.57 Crores
- Rig: ₹7.09 Crores
For the nine months ended December 31, 2025, the standalone total revenue was ₹3,826.86 crores and Net Profit After Tax was ₹610.63 crores.
Consolidated Financial Highlights
Key figures from the consolidated results include:
- Total Revenue: ₹1,290.24 Crores
- Profit Before Tax: ₹319.46 Crores
- Net Profit After Tax: ₹242.65 Crores
Director Reappointment
Mr. S. P. Raj has been reappointed as Whole-time Director of the Company for a period of one year effective from March 31st, 2026, subject to the approval of the shareholders. Mr. Raj, aged about 72 years, brings extensive technical experience from the seamless pipe industry.
Source: BSE
