Maharashtra Seamless Ltd.’s (MSL) steel sales volumes declined by 3% q-o-q to 119,000 t in Q1FY’25 against 123,000 t in Q4FY’24. The company’s EBITDA went down by 61% q-o-q to INR 97 crore in Q1 from INR 247 crore in Q4FY’24. However, production volumes edged up by 1% q-o-q to 120,000 t in Q1 from INR 119,000 t in Q4FY’24. MSL’s order book as on 25 Jul stands at INR 1,812 crore.
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