Financial Results - Standalone (Quarter ended June 30, 2026)
- Revenue from operations: ₹28,335 lakhs (compared to ₹20,143 lakhs in Q1 FY26 and ₹31,496 lakhs in Q4 FY26)
- Other income: ₹1,909 lakhs
- Total income: ₹30,244 lakhs
- Operating expenses: ₹10,849 lakhs
- Employee benefit expenses: ₹3,911 lakhs
- Finance costs: ₹375 lakhs
- Depreciation and amortization: ₹4,289 lakhs
- Other expenses: ₹1,892 lakhs
- Total expenses: ₹21,316 lakhs
- Profit before tax: ₹8,928 lakhs
- Tax expense: ₹811 lakhs (Current tax: ₹851 lakhs, Deferred tax: ₹(40) lakhs)
- Profit after tax: ₹8,117 lakhs
- Other comprehensive income: ₹11 lakhs
- Total comprehensive income: ₹8,128 lakhs
- Earnings per share (Basic & diluted): ₹31.92
- Paid-up equity share capital: ₹2,543 lakhs (face value ₹10 each)
Financial Results - Consolidated (Quarter ended June 30, 2026)
- Revenue from operations: ₹29,692 lakhs
- Other income: ₹1,997 lakhs
- Total income: ₹31,689 lakhs
- Operating expenses: ₹11,337 lakhs
- Employee benefit expenses: ₹3,914 lakhs
- Finance costs: ₹452 lakhs
- Depreciation and amortization: ₹4,989 lakhs
- Other expenses: ₹2,048 lakhs
- Total expenses: ₹22,740 lakhs
- Profit before tax: ₹8,949 lakhs
- Tax expense: ₹815 lakhs (Current tax: ₹855 lakhs, Deferred tax: ₹(40) lakhs, Previous years tax: ₹0)
- Profit after tax: ₹8,134 lakhs
- Other comprehensive income: ₹(109) lakhs
- Total comprehensive income: ₹8,025 lakhs
- Earnings per share (Basic & diluted): ₹31.95
- Net profit attributable to owners: ₹8,122 lakhs
- Net profit attributable to non-controlling interest: ₹12 lakhs
Segment Reporting - Standalone
- Domestic revenue: ₹22,704 lakhs
- Overseas revenue: ₹5,631 lakhs
- Domestic segment results: ₹4,302 lakhs
- Overseas segment results: ₹2,667 lakhs
Segment Reporting - Consolidated
- Domestic revenue: ₹22,726 lakhs
- Overseas revenue: ₹6,966 lakhs
- Domestic segment results: ₹4,316 lakhs
- Overseas segment results: ₹2,664 lakhs
Board Appointments and Changes
1. Appointment of Independent Director: Mr. Rajesh Kumar Yaduvanshi (DIN: 07206654) appointed as Additional Director and Non-Executive Independent Director for five years from August 13, 2026, subject to shareholder approval. His qualifications include B.Sc, M.Sc, Ph.D from Delhi University, CAIIB, and 35+ years banking experience including Executive Director roles at Dena Bank and Punjab National Bank.
2. Resignation of CFO: Mr. Vinay Kumar Agarwal resigned as Chief Financial Officer and Key Managerial Personnel effective close of business hours on August 13, 2026, to pursue other professional opportunities.
3. Appointment of New CFO: Mr. Ashok Kumar Verma appointed as Chief Financial Officer and Key Managerial Personnel effective close of business hours on August 13, 2026. He is a Chartered Accountant with 23+ years experience including roles at PDS Limited, Raymond Limited, and Sterlite Technologies Limited.
4. Re-appointment of Whole Time Director: Mr. Naveen Mohta (DIN: 07027180) re-appointed as Whole Time Director for five years from September 1, 2026, subject to shareholder approval. He is a Chartered Accountant and Cost Accountant with 26+ years experience.
Dividend Record Date
The company fixed Friday, August 21, 2026 as the Record Date for determining members eligible for payment of final dividend for FY 2025-26. The dividend will be paid within 30 days from the date of the ensuing Annual General Meeting.
Meeting Details
The Board meeting commenced at 18:32 hours and concluded at 19:21 hours on August 13, 2026.
Auditor Review
The unaudited financial results were reviewed by M/s. T R Chadha & Co LLP, Chartered Accountants, who issued a limited review report confirming no material misstatements were found.
Subsidiaries Included in Consolidation
The consolidated results include: Seamec International FZE, Seamate Shipping FZC, Seamec Nirman Infra Limited, SEAMEC UK Investments Limited, Fountain House 74 Limited, Fountain House 84 Limited, Fountain House Combined Limited, Aarey Organic Industries Private Limited, and Searete India IFSC Private Limited.