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Seamec on Monday informed the exchanges that its vessel Seamec Princess is deployed with L&T Hydrocarbon Engineering for 19 days. The total value of the contract would be around $1,260,000 (about ₹8 crore). The company had reported a loss of ₹6.65 crore for the quarter ended September 2017 on revenues of ₹34.23 crore and a loss of ₹150 crore for FY2017 on revenues of ₹207.57 crore. Investors of Seamec will closely monitor the development.
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