Maharashtra profit falls 56% as company plans restructuring
Quarterly net profit hit ₹107.53 cr, as the board advances plans to demerge two business lines and relocate to Haryana.
— 2 earlier stories on Maharashtra Seamless Ltd. →What's new with Maharashtra Seamless Ltd.
- Q4 net profit dropped to ₹107.53 cr from ₹242.53 cr a year prior.
- Board approved the demerger of two business undertakings.
- Company aims to move its registered office from Maharashtra to Haryana.
Why this matters for Maharashtra Seamless Ltd.
The earnings drop marks a sharp end to the fiscal year. The split of business lines and the shift in registered office are the new testing points for the company.
What we're watching
- Progress on the demerger filings.
- Regulatory approval for the office relocation.
- Operating margins in the next quarterly results.
The full read
Maharashtra finished the year with a **₹107.53 crore** net profit for the quarter ended March 2026. This represents a steep decline from the **₹242.53 crore** profit recorded in the same period a year ago, with quarterly revenue reaching **₹1,231.92 crore**.
Profit hit hard.
Total annual profit sits at **₹718.16 crore** on revenue of **₹5,058.78 crore**. The board proposed a dividend of **₹10** per share, while simultaneously clearing a plan to split two business units into independent companies. Furthermore, the firm aims to relocate its registered office from Maharashtra to Haryana, making the next quarter a pivotal test for how these demerged entities operate on their own.
Questions answered
- What is the status of the demerger plan?
- The board approved a scheme to move two business undertakings into separate companies.
- How much dividend was declared?
- The board recommended a dividend of ₹10 per share.