India: Maharashtra Seamless reports 8% q-o-q rise in steel sales in Q2FY'25
Maharashtra Seamless (MSL) saw an 8% rise in steel sales volumes to 128,000 t in Q2FY'25 against 119,000 t in Q1FY'25. The company's EBITDA went up by 109% to INR 203 crore in Q2 from INR 97 crore in Q1. Furthermore, production volumes increased by 9% to 131,000 t in Q2 from INR 120,000 t in Q1. MSL's order book as of 20 Oct'24 stands at INR 1,700 crore.