SEAMEC announced that Oil & Natural Gas Corpn, vide its Notification of Award (NOA) contract dated 08 July 2025, has awarded a contract for repair/ replacement of Spider Deck Members of Platform NLM9 in Western Offshore. The contract is to be executed within a period not exceeding 90 days commencing around 16 October 2025. The total contract value will be Rs. 39.20 crore inclusive of GST and other taxes and duties. Powered by Capital Market - Live News

SEAMEC announced that the Vessel SEAMEC III has completed its charter with Asian Energy Services with effect from 29 May 2025.Powered by Capital Market - Live News

Net profit of SEAMEC declined 18.40% to Rs 42.98 crore in the quarter ended March 2025 as against Rs 52.67 crore during the previous quarter ended March 2024. Sales declined 15.55% to Rs 199.62 crore in the quarter ended March 2025 as against Rs 236.38 crore during the previous quarter ended March 2024.For the full year,net profit declined 25.13% to Rs 89.62 crore in the year ended March 2025 as against Rs 119.70 crore during the previous year ended March 2024. Sales declined 10.62% to Rs 651.82 crore in the year ended March 2025 as against Rs 729.29 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales199.62236.38 -16 651.82729.29 -11 OPM %40.6536.93 -32.7833.21 - PBDT87.1285.34 2 228.62254.82 -10 PBT53.6750.07 7 98.00120.03 -18 NP42.9852.67 -18 89.62119.70 -25 Powered by Capital Market - Live News

SEAMEC announced that its Barge �SEAMEC GLORIOUS� has successfully completed its contract with ONGC for the 2nd fair weather season on 15 May 2025. Powered by Capital Market - Live News

SEAMEC announced that Larsen and Toubro (L&T Energy Hydrocarbon Div) has awarded Letter of Award (LOA) no. ONGC/DUDP & PRPVIII/LOA/PIOPL-SL/01- Subsea Installation Works for DUDP & PRPVIII (including MUT scope) Projects of ONGC to the Consortium of SEAMEC and Posh India Offshore. The work under the said LOA will be completed by May - 2026.Powered by Capital Market - Live News