{"id":152451,"date":"2023-08-10T09:36:01","date_gmt":"2023-08-10T13:36:01","guid":{"rendered":"https:\/\/44.250.171.167\/?p=152451"},"modified":"2023-08-10T09:36:02","modified_gmt":"2023-08-10T13:36:02","slug":"seamec-ltd-q1fy24-13-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/seamec-ltd-q1fy24-13-rise-in-profits\/","title":{"rendered":"SEAMEC Ltd Q1FY24; 13% rise in Profits"},"content":{"rendered":"\n<p>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.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>SEAMEC Ltd reported Revenues for Q1FY24 of \u20b9212.00 Crores up from \u20b9125.00 Crore year on year, a rise of 69.6%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b9198.00 Crores up from \u20b9110.00 Crores year on year, a rise of 80.0%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b926.00 Crores up 13.04% from \u20b923.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b910.07, up 13.02% from \u20b98.91 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-593.png\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-593-839x1024.png\" alt=\"\" class=\"wp-image-152453\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-593-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-593-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-593-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-593-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-593.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":152453,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,5753],"tags":[12859,12858,8691],"class_list":["post-152451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-industrials","tag-bulk-carriers","tag-fleet-shipping","tag-shipping"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-593.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":156627,"url":"https:\/\/alphastreet.com\/india\/seamec-ltd-q2fy24-1-fall-in-revenue\/","url_meta":{"origin":152451,"position":0},"title":"SEAMEC Ltd Q2FY24; 1% fall in Revenue","author":"Chirag Gupta","date":"November 24, 2023","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-310.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-310.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-310.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-310.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-310.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-310.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":178946,"url":"https:\/\/alphastreet.com\/india\/seamec-ltd-quarterly-update-q3-fy26-and-9m-fy26\/","url_meta":{"origin":152451,"position":1},"title":"SEAMEC Ltd. Quarterly Update Q3 FY26 and 9M FY26","author":"Staff Correspondent","date":"February 2, 2026","format":false,"excerpt":"About SEAMEC Ltd. SEAMEC Ltd. (NSE : SEAMECLTD and BSE : 526807) engages in the provision of marine, construction, and diving services to offshore oilfields. The company is headquartered in Kolkata, West Bengal and currently employs 48 full-time employees. The firm operates through two segments: Domestic and Overseas. The company\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":152876,"url":"https:\/\/alphastreet.com\/india\/cochin-shipyard-ltd-q1fy24-122-rise-in-profits\/","url_meta":{"origin":152451,"position":2},"title":"Cochin Shipyard Ltd Q1FY24; 122% rise in Profits","author":"Divyansh_Kasana","date":"August 11, 2023","format":false,"excerpt":"Incorporated in the year 1972, Cochin Shipyard Limited(CSL) is a leading player in construction of all kinds of vessels, repairs and refits of all types of vessels including periodic upgradation and life extension of ships.CSL has built & repaired some of the largest ships for its esteemed customers across the\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-732.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-732.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-732.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-732.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-732.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-732.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152586,"url":"https:\/\/alphastreet.com\/india\/shreyas-shipping-98-fall-in-profits\/","url_meta":{"origin":152451,"position":3},"title":"Shreyas Shipping &#038; Logistics Ltd Q1FY24; 98% fall in Profits","author":"Chirag Gupta","date":"August 10, 2023","format":false,"excerpt":"Shreyas Shipping & Logistics Ltd, set up in 1994, owns and operates vessels for container feeder operations between Indian and international container trans-shipment ports. The company is India\u2019s first container feeder owning and operating company. It has diversified into logistics, transportation, warehousing, and distribution services. Financial Results: Shreyas Shipping &\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-638.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-638.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-638.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-638.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-638.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-638.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":151892,"url":"https:\/\/alphastreet.com\/india\/essar-shipping-ltd-q1fy24-31-fall-in-revenue\/","url_meta":{"origin":152451,"position":4},"title":"Essar Shipping Ltd Q1FY24; 31% fall in Revenue","author":"Hardik Bhandare","date":"August 8, 2023","format":false,"excerpt":"Essar Shipping Limited was incorporated in 2010. The Company is mainly engaged in fleet operating and chartering activities and operates international and coastal voyages. The Company has also invested in diverse business verticals viz. Fleet operating and chartering, Oilfields services and logistics services. Financial Results: Essar Shipping Ltd reported Revenues\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-407.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-407.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-407.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-407.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-407.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-407.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":151369,"url":"https:\/\/alphastreet.com\/india\/shipping-corporation-of-india-ltd-q1fy24-56-rise-in-profits\/","url_meta":{"origin":152451,"position":5},"title":"Shipping Corporation of India Ltd Q1FY24; 56% rise in Profits","author":"Chirag Gupta","date":"August 7, 2023","format":false,"excerpt":"Shipping Corporation of India is engaged involved in business of transporting goods and passengers. Financial Results: Shipping Corporation of India Ltd reported Revenues for Q1FY24 of \u20b91,200.00 Crores down from \u20b91,462.00 Crore year on year, a fall of 17.92%. Total Expenses for Q1FY24 of \u20b91,069.00 Crores down from \u20b91,385.00 Crores\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-231.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-231.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-231.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-231.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-231.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-231.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/152451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=152451"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/152451\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/152453"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=152451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=152451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=152451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}