SEAMEC has assigned �CRISIL A+/Stable� credit rating (Upgraded from �CRISIL A/Positive`) for bank facilities of the Company. Powered by Capital Market - Live News

Net profit of SEAMEC reported to Rs 56.16 crore in the quarter ended December 2023 as against net loss of Rs 1.77 crore during the previous quarter ended December 2022. Sales rose 111.87% to Rs 213.31 crore in the quarter ended December 2023 as against Rs 100.68 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales213.31100.68 112 OPM %42.4919.66 - PBDT91.9319.13 381 PBT58.05-5.34 LP NP56.16-1.77 LP Powered by Capital Market - Live News

SEAMEC will hold a meeting of the Board of Directors of the Company on 12 February 2024.Powered by Capital Market - Live News

SEAMEC has entered into a Memorandum of Agreement (MOA) with M/s. SHIPS & BOATS OIL SERVICES, dated 17 November 2023 for purchase of vessel �SEA DIAMOND�.The purchase price of the vessel will be USD 7,000,000. The acquisition will be around the second week of December, 2023 upon completion of required formalities. Powered by Capital Market - Live News

Net loss of SEAMEC reported to Rs 14.78 crore in the quarter ended September 2023 as against net profit of Rs 16.97 crore during the previous quarter ended September 2022. Sales declined 1.05% to Rs 84.43 crore in the quarter ended September 2023 as against Rs 85.33 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales84.4385.33 -1 OPM %19.2143.54 - PBDT19.1750.57 -62 PBT-14.2519.10 PL NP-14.7816.97 PL Powered by Capital Market - Live News