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Sanmit Infra's board approved unaudited results for Q2 FY26 (quarter ended Sept 30, 2025), reporting total income of Rs 4,029.72 lakhs and a net profit of Rs 94.21 lakhs, a sharp turnaround from a Rs 116.66 lakh loss in the preceding quarter. H1 FY26 still ended with a small net loss of Rs 36.54 lakhs versus Rs 45.38 lakhs loss in H1 FY25. CFO Mr. Dinesh Kanayalal Makhija resigned citing other professional engagements, and was replaced by Mr. Kamal Kanayalal Makhija (brother of MD Sanjay Makhija). The board also appointed Mr. Shlok Sanjay Makhija, son of the Managing Director, as the new CEO effective the same day. Auditor Pams & Associates issued an unmodified limited review report on the results.
The promoter family has tightened control by placing the MD's son as CEO and brother as CFO, which may raise corporate governance concerns for minority shareholders despite the quarterly return to profitability. Investors should watch H2 FY26 performance closely given the six-month loss and shifting top management.