Maharashtra Seamless Reports ₹78.24 Crore Q2 FY27 Profit

Maharashtra Seamless Limited reported standalone net profit of ₹78.24 crore for the quarter ended September 30, 2026, while revenue from operations stood at ₹1,269.80 crore. The Board approved the unaudited Q2 FY27 and half-year results on November 13, 2026, alongside the appointment of Manish Kumar Khandelwal as chief financial officer.

What did Maharashtra Seamless report for Q2 FY27?

Maharashtra Seamless reported standalone revenue from operations of ₹1,269.80 crore for the July-September 2026 quarter. Total expenses were ₹1,168.79 crore, and net profit for the quarter was ₹78.24 crore. Total comprehensive income, which includes items recognised outside the profit and loss account, was ₹78.44 crore.

The company also disclosed consolidated figures. Consolidated revenue from operations was ₹1,269.80 crore, while net profit attributable to owners of the company was ₹72.94 crore. Consolidated total comprehensive income for the quarter was ₹75.38 crore. The difference between standalone and consolidated profit reflects the results reported across the group rather than the parent company alone.

What were Maharashtra Seamless's half-year financial results?

For the half-year ended September 30, 2026, Maharashtra Seamless recorded standalone revenue from operations of ₹2,361.00 crore. Its total expenses for the six-month period were ₹2,108.21 crore, while standalone net profit was ₹349.02 crore.

Standalone total comprehensive income for the half-year amounted to ₹349.42 crore. On a consolidated basis, Maharashtra Seamless reported revenue from operations of ₹2,361.00 crore, net profit of ₹339.34 crore and total comprehensive income of ₹341.95 crore. These figures cover the first six months of FY27 ending September 30, 2026.

When did the board approve the Q2 FY27 results?

Maharashtra Seamless's Board of Directors considered and approved the unaudited standalone and consolidated financial results on November 13, 2026. The results relate to the quarter and half-year ended September 30, 2026, placing the disclosure 44 days after the close of the September quarter.

The results were subject to a limited review by Kanodia Sanyal & Associates, the statutory auditors of Maharashtra Seamless. The auditors' limited review report is dated November 13, 2026 and was enclosed with the financial results. A limited review is the prescribed review process for unaudited quarterly financial statements and is distinct from a full-year audit.

Who is Maharashtra Seamless's new chief financial officer?

Maharashtra Seamless appointed Manish Kumar Khandelwal as chief financial officer with effect from November 13, 2026. The appointment was disclosed as part of the company's Q2 FY27 board-meeting outcome.

The CFO role is central to financial reporting, capital allocation and communication with investors. The announcement came on the same date as the quarterly results, giving investors a confirmed management update alongside the operating and profit figures. The company has not provided further details in the supplied disclosure regarding the outgoing CFO or the terms of the appointment.

How do the results matter for investors and operations?

The Q2 release provides investors with both standalone and consolidated measures of Maharashtra Seamless's financial performance. Revenue from operations of ₹1,269.80 crore and standalone expenses of ₹1,168.79 crore are the principal operational figures disclosed for the quarter, while the ₹78.24 crore standalone profit indicates the earnings recorded after expenses and other reported items.

The half-year numbers provide a broader view of the first half of FY27. Maharashtra Seamless generated ₹2,361.00 crore in standalone revenue and ₹349.02 crore in standalone profit during the six months ended September 30. Investors assessing the company can distinguish between the parent-level result and the consolidated result, where first-half profit attributable to the group was ₹339.34 crore.

Maharashtra Seamless has also scheduled a virtual investor meeting on November 14, 2026 at 11:00 a.m. IST through ICICI Securities to discuss Q2 FY27 performance and strategy. That meeting is the next disclosed forum for management to address the reported financial performance and business outlook.

Conclusion

Maharashtra Seamless closed Q2 FY27 with standalone revenue of ₹1,269.80 crore, net profit of ₹78.24 crore and total comprehensive income of ₹78.44 crore. For the first half, standalone net profit reached ₹349.02 crore, while consolidated net profit was ₹339.34 crore. The Board's approval and the statutory auditors' limited review complete the formal reporting process for the period.

The immediate item to watch is the investor meeting scheduled for November 14, 2026, where Maharashtra Seamless is expected to discuss the Q2 FY27 results and strategic outlook. Investors will also track how the new CFO appointment, effective November 13, 2026, is reflected in the company's subsequent disclosures and financial communication.