Total expenses decreased 2.3% YoY to Rs 1,061.62 crore. Employee benefits expense rose 9% to Rs 33.31 crore, while other expenses were lower by 7% at Rs 219.31 crore, indicating cost control efforts.
Maharashtra Seamless manufactures carbon and alloy steel seamless pipes, ERW steel pipes, and casting pipes. The company also operates a windmill.
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