The Board of Directors of SEAMEC Limited, in their meeting held on May 18, 2026, approved the audited financial results (standalone and consolidated) for the quarter and financial year ended March 31, 2026. The company reported robust growth, with a notable increase in its consolidated net profit after tax (PAT) for the quarter. In accordance with Regulation 33(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the statutory auditors, M/s T R Chadha & Co LLP, issued audit reports for these financial statements with an unmodified opinion. Additionally, the Board recommended a dividend of 20%, amounting to ₹2 per equity share of face value ₹10 each for the financial year 2025-26, subject to shareholder approval.

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Note: The YoY comparative analysis is based on corresponding values of ₹199.62 Cr for Revenue and ₹42.22 Cr for Profit from the same period last year.

SEAMEC Limited is a prominent offshore oilfield support services provider and a subsidiary of HAL Offshore Limited, part of the MMG Group. The company operates a specialized fleet comprising Diving Support Vessels (DSVs), Offshore Support Vessels (OSVs), and bulk carriers, offering end-to-end underwater services such as diving, subsea construction, and maintenance. Founded in 1986 and headquartered in Mumbai, the company functions as an asset-led operator, earning revenue primarily through charter-hire contracts for its vessels. SEAMEC is listed on both the BSE and the National Stock Exchange (NSE) and plays a critical role in supporting the maintenance and repair of offshore oil and gas infrastructure in India.