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Seamec perks up 10% on strong Q4 show

DALAL STREET SPIKES

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Our Markets Bureau Mumbai
Last Updated : Feb 14 2013 | 7:29 PM IST
South East Asia Marine Engineering & Construction (Seamec) jumped 9.96 per cent to settle at an all-time-high of Rs 130.30.
 
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.

 
 

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First Published: Apr 22 2006 | 12:00 AM IST

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