Seamec reports 2-fold jump in Q1 consolidated net profit

09 Aug 2019

Seamec has reported results for first quarter ended June 30, 2019.

The company has reported 2-fold jump in its net profit at Rs 41.65 crore for the quarter under review as compared to Rs 20.14 crore for the same quarter in the previous year. Total income of the company increased by 58.55% at Rs 107.07 crore for Q1FY20 as compared Rs 67.53 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 2-fold jump in its net profit at Rs 43.97 crore for the quarter under review as compared to Rs 20.49 crore for the same quarter in the previous year. Total income of the company increased by 65.05% at Rs 112.10 crore for Q1FY20 as compared Rs 67.92 crore for the corresponding quarter previous year.

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SEBI Registered: Investment Adviser - INA000013323

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