{
  "id": 19935348,
  "title": "Earnings call transcript: Maharashtra Seamless Q2 2027 profit hit by inventory adjustment",
  "url": "https://urgent.news/2026/11/14/earnings-call-transcript-maharashtra-seamless-q2-2027-profit-hit-by",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-14T06:35:39.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/transcripts/earnings-call-transcript-maharashtra-seamless-q2-2027-profit-hit-by-inventory-adjustment-93CH-5027145"
  },
  "original_language": "en",
  "account": null,
  "summary": "Maharashtra Seamless reported a decline in its second-quarter profit metrics for FY 2027, primarily due to accounting-driven inventory valuation changes. Despite revenue, dispatches, and its order book improving, the company's seamless pipe EBITDA per ton fell to INR 9,220 from INR 15,660 in the previous quarter. The stock price fell 5.21%, reaching $540.9, near the lower end of its 52-week range. Management attributed the decline to inventory accounting adjustments and expects margin improvement in Q3. The company's order book increased by 30% quarter on quarter, and dispatches in seamless and ERW pipes rose by 7,000 and 9,000 tons, respectively.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}