Seamec perks up 10% on strong Q4 show
DALAL STREET SPIKES
| The company's net profit in the March quarter has increased by 202.8 per cent to Rs 15.11 crore. The sales were up 51.8 per cent to Rs 26.99 crore. The revenue in the current quarter increased owing to deployment of all vessels throughout the period. |
| Also, increased charter hire rate compared with the corresponding quarter of the previous year, boosted the performance. |
| Seamec is engaged in operating multi-support vessels for underwaterub-sea engineering services, deep-sea diving, inspection of underwater-structures, rescue-operations and fire-fighting. |