Maharashtra Seamless has announced its financial results for the quarter.

Consolidated net profit surged to Rs. 230.30 Cr from Rs. 128.84 Cr year-over-year, with EPS rising to Rs. 17.19. Revenue from operations was Rs. 1,145.27 Cr.

The Steel Pipes & Tubes segment significantly boosted profitability.

The board also approved the appointment of Mrs. Dipika Agarwal as an Independent Director and M/s Ajit Mishra & Associates as Secretarial Auditors, both subject to shareholder approval.

The Rig segment's profitability declined.