Seamec Ltd — earnings calls
1 quarter summarised from transcripts filed with the exchange, every statement cited. Newest first.
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Seamec reported its highest-ever annual revenue and profitability in FY26, with consolidated revenue up 47% to Rs.1,000 crores and consolidated PAT up to Rs.253 crores from Rs.88 crores. Management attributed the growth to higher fleet deployment, improved vessel utilization, new vessel additions including SEAMEC AGASTYA, and new O&M contracts with ONGC in consortium with Supreme Hydro. Management also flagged that vessel Seamec Paladin remained idle in Dubai due to the West Asia conflict, affecting near-term revenue from that asset.