Enclosed herewith Announcement 30 under SEBI (LODR) Reg 2015
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Sanmit Infra's board met on August 13, 2025 and approved its unaudited results for Q1 FY26 (quarter ended June 30, 2025). Total revenue from operations stood at Rs. 40.18 crore, up sharply from Rs. 23.11 crore in Q1 FY25, while net profit after tax jumped to Rs. 94.21 lakhs from just Rs. 5.19 lakhs a year earlier. EPS for the quarter was Rs. 0.06. The board accepted the resignation of Independent Director Mukund Biwalkar (citing other professional commitments) and appointed Ashok Thorat as a new Non-Executive Independent Director for a 5-year term. It also approved a material related party transaction of up to Rs. 50 crore with Haresh Agencies (subject to shareholder approval), MD/WTD remuneration exceeding 10% of net profit (also subject to shareholder nod), the FY25 Cost Audit Report, and the 25th AGM notice for September 25, 2025.
Strong YoY recovery in both revenue and profit signals improving operational momentum, though sequentially numbers are lower than Q4 FY25. Director changes appear routine (one independent director out, one in). The Rs. 50 crore related-party deal and higher promoter remuneration are subject to shareholder vote at the AGM and warrant investor attention.