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Seamec provides offshore support services. It undertakes support services through Diving Support Vessels (DSVs). These vessels are owned and operated by Seamec. The company's subsidiary companies owns and operates bulk carriers.
On a consolidated basis, Seamec reported net loss of Rs 27.48 crore in Q2 September 2025 as against net profit of Rs 0.11 crore in Q2 September 2024. Net sales rose 10.87% YoY to Rs 97.42 crore in Q2 September 2025.
Shares of Seamec fell 1.36% to settle at Rs 1056.65 on 16 January 2026.
After completion of formalities, she will be proceeding for undertaking statutory drydocking for a period of around 70 days.
Seamec operates in two distinct verticals of the shipping business—offshore support vessels & services and bulk carrier charter business. The company owns six vessels and one barge in the offshore support business, wherein the vessels are deployed in the domestic and international market.
The company reported a 45.6% drop in consolidated net profit to Rs 12.96 crore, on a 19% decline in revenue from operations to Rs 207.76 crore in Q2 FY26 over Q2 FY25.
Shares of Seamec rose 0.04% to Rs 1,015.75 on the BSE.
The tenure of the subcontract is for 150 days. The total value of the subcontract is approximately USD 16.72 million exclusive of GST.