Financial Results.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sita Enterprises Limited, an RBI-registered NBFC engaged in investment and financing, reported strong Q1 FY26 results with total income of approximately Rs. 213.76 lakhs versus Rs. 150.43 lakhs in Q1 FY25, a jump of about 42%. Net profit for the quarter rose to Rs. 198.13 lakhs (EPS of Rs. 6.60) from Rs. 112.41 lakhs (EPS of Rs. 3.75) a year ago, reflecting roughly 76% year-on-year PAT growth. Statutory auditor M/s Patel Shah & Joshi issued an unmodified (clean) limited review report on the results. The company also disclosed that a change-of-control transaction involving promoter sale of 21 lakh shares (7%) to acquirer Mr. Jitendra Rasiklal Sanghvi received RBI approval, with the SEBI open offer concluded on 31 July 2025.
Sharp year-on-year growth in both income and profit is positive for shareholders, and a clean audit opinion adds comfort. However, investors should note the recent change in control and conclude that near-term earnings may be largely driven by fair-value gains and investment income rather than core operations.