Maharashtra Seamless has posted a profit after tax and adjustments of Rs 85.15 crore for the year ended March 31, 2005 as compared to Rs 71.75 crore for the year ended March 31, 2004. According to a release issued to the BSE today, gross turnover increased from Rs 569.01 crore in FY-04 to Rs 879.28 crore for the year ended March 31, 2005.The board of directors has recommended dividend of 50% on equity shares for the year ended March 31, 2005.
