ENCLSOED HEREWITH REG 30 ANNOUNCEMENT UNDER SEBI LODR 2015
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sanmit Infra Limited reported audited financial results for Q4 and FY ended March 31, 2026. Total revenue from operations was Rs 10,363.08 lakhs, down from Rs 14,655.51 lakhs in the previous year, indicating approximately 29% revenue decline. Net profit after tax stood at Rs 165.32 lakhs versus Rs 155.95 lakhs year earlier, showing modest 6% PAT growth. The Board appointed M/s Manas Dash & Co as Internal Auditor and M/s C Sahoo & Co as Cost Auditor for FY 2026-27. The statutory auditor issued an un-modified (clean) opinion. Note 6 in financial statements discloses that balances under borrowings, trade receivables, payables, and loans are subject to confirmation and reconciliation.
The significant revenue decline of around 29% YoY is a concern for investors, though the company maintained profitability. The appointment of new auditors and clean audit report provides some comfort. Investors should note that certain balance sheet items remain unreconciled.