Tag: India: Maharashtra Seamless reports 3% q-o-q drop in sales in Q1FY’25
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India: Maharashtra Seamless reports 3% q-o-q drop in sales in Q1FY’25
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…