Sanmit Infra Limited reported a standalone net profit of Rs 1.97 crore for FY 2025-26, up from Rs 1.55 crore in the previous year, despite a decline in total revenue to Rs 104.42 crore. The company announced its 26th AGM for September 30, 2026, and confirmed the appointment of a new statutory auditor alongside the formation of a new wholly-owned subsidiary.
Sanmit Infra Reports FY 2025-26 Financials
Profit rose to Rs 1.97 crore from Rs 1.55 crore; Revenue fell to Rs 104.42 crore from Rs 146.82 crore.
Reader Takeaway: Profitability improved despite lower top-line revenue, though shareholders should monitor the recent secretarial audit compliance qualification.
What just happened
Sanmit Infra Limited released its Annual Report for FY 2025-26 and scheduled its 26th Annual General Meeting for September 30, 2026, via video conferencing. The company also confirmed the incorporation of a new wholly-owned subsidiary, Sanmit Truevalue Infraprojects Private Limited, and proposed the appointment of M/s. SSSS & Associates as the new statutory auditor following the resignation of PAMS & Associates.
Why this matters
While revenue from operations decreased to Rs 100.75 crore, the company successfully improved its bottom line with a net profit of Rs 1.97 crore. Investors should note the recent share consolidation (10 shares of Rs 1 into 1 share of Rs 10) completed in April 2026, which impacts historical earnings per share comparison.
Risks to watch
A secretarial auditor qualified the company’s report, citing failure to update its website in accordance with SEBI Regulation 46. Management has attributed this to an inadvertent delay and pledged to rectify the issue. Additionally, the change in statutory auditors requires shareholder approval at the upcoming AGM.
What to track next
Watch for the successful regularisation of Independent Director Mrs. Sejal Nilesh Patel at the upcoming AGM and verify the resolution of the website compliance issue raised by the secretarial auditor.