**Maharashtra Seamless Q3 Results 2025**
Maharashtra Seamless announced its Q3 results on January 27, 2025, revealing a significant decline in both revenue and profit margins. The company’s revenue fell by 1.61% year-over-year to ₹1,408.11 crore, while net profit plummeted by 32.57% year-over-year to ₹186.07 crore. This downward trend raises concerns for investors, particularly as the company experienced a staggering 42.36% drop in revenue and a 51.67% decrease in profit compared to the previous quarter.
In terms of operational efficiency, Selling, General, and Administrative expenses decreased by 49.58% quarter-over-quarter, although they rose by 14.58% year-over-year. This variation may suggest a strategic shift in cost management, yet the overall effect on profitability remains substantial. The operating income for Maharashtra Seamless also suffered, declining by 16.69% quarter-over-quarter and 26.13% year-over-year. The earnings per share (EPS) for Q3 was reported at ₹13.89, reflecting a 32.54% decrease compared to the same period last year.
The company has encountered market challenges, posting a -6.23% return in the past week, -8.25% over the last six months, and a -12.57% year-to-date return. Currently, Maharashtra Seamless has a market capitalization of ₹8,212.15 crore, with a 52-week high of ₹1,097 and a low of ₹566.5.
As of January 28, 2025, analysts are divided on the company’s future prospects, with one out of two covering analysts recommending a Hold rating and the other suggesting a Buy rating. The consensus recommendation is to Buy, indicating some optimism despite the recent results.
**Maharashtra Seamless Financials**
| Period | Q3 (FY25) | Q2 (FY25) | Q-o-Q Growth | Q3 (FY24) | Y-o-Y Growth |
|———————-|———–|———–|————–|———–|————–|
| Total Revenue | 1,408.11 | 2,442.79 | -42.36% | 1,431.13 | -1.61% |
| Selling/General/Admin Expenses Total | 30.73 | 60.95 | -49.58% | 26.82 | +14.58% |
| Depreciation/Amortization | 25.28 | 50.25 | -49.69% | 25.74 | -1.79% |
| Total Operating Expense | 1,153.82 | 1,137.54 | -46.02% | 1,086.88 | +6.16% |
| Operating Income | 254.31 | 305.25 | -16.69% | 344.25 | -26.13% |
| Net Income Before Taxes | 251.75 | 449.58 | -44% | 374.32 | -32.74% |
| Net Income | 186.07 | 384.99 | -51.67% | 275.95 | -32.57% |
| Diluted Normalized EPS | 13.89 | 28.74 | -51.67% | 20.59 | -32.54% |
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