SEAMEC Ltd owns and operates 4 multi-support vessels for the provision of diving services, manned and unmanned subsea operations and related activities. It has also diversified into main fleet shipping vertical by acquiring 3 bulk carriers of various sizes. It owns the largest fleet of multi-functional vessels in India.
Financial Results:
SEAMEC Ltd reported Revenues for Q1FY24 of ₹212.00 Crores up from ₹125.00 Crore year on year, a rise of 69.6%.
Total Expenses for Q1FY24 of ₹198.00 Crores up from ₹110.00 Crores year on year, a rise of 80.0%.
Consolidated Net Profit of ₹26.00 Crores up 13.04% from ₹23.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹10.07, up 13.02% from ₹8.91 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.