Seamec Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 1,258.4 million compared to INR 852.9 million a year ago. Revenue was INR 1,245.6 million compared to INR 979.3 million a year ago.

Net loss was INR 48.2 million compared to net income of INR 47.6 million a year ago. Basic loss per share from continuing operations was INR 2 compared to basic earnings per share from continuing operations of INR 1.92 a year ago. Diluted loss per share from continuing operations was INR 2 compared to diluted earnings per share from continuing operations of INR 1.92 a year ago.