ENCLSOED HEREWITH INTEGRATED FINANCIAL RESULT FOR YEAR ENDED 31/03/2025
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Sanmit Infra Ltd reported its FY25 (year ended 31/03/2025) audited standalone results with total revenue from operations of ₹14,655.51 lakhs, up about 52% from ₹9,659.51 lakhs in FY24. Revenue from operations alone grew from ₹9,421.64 lakhs to ₹14,296.21 lakhs, driven mainly by the petroleum segment (₹12,798.77 lakhs) and a strong surge in bitumen emulsion (₹1,850.28 lakhs vs ₹506.34 lakhs). Despite the strong top-line growth, profit before tax fell sharply from ₹605.95 lakhs to ₹226.16 lakhs (-63%), and net profit after tax dropped from ₹446.69 lakhs to ₹155.95 lakhs (-65%), indicating significant margin compression. Basic EPS fell from ₹0.28 to ₹0.10. The auditor (PAMS & Associates) issued an unmodified opinion, and the company reported no loan defaults or outstanding debt issues. Extensive related party transactions with promoter-group KMPs were disclosed, including remuneration, purchase/sale of goods, and dividends.
Mixed outcome for shareholders — revenue nearly doubled in some segments, but profitability eroded sharply, with margins roughly halved. The heavy reliance on petroleum trading and the scale of related party dealings warrant close monitoring, even though the auditor raised no qualifications.