ALPHA TRIBE

Sanmit Infra LtdResults, 28-05-2025: Result

28-05-2025 | 08:38 pm

Sanmit Infra Limited has announced a board meeting held to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported total revenue from operations of ₹45.91 Cr (4,591.57 lakhs) for the quarter, up from ₹36.39 Cr the previous year, driven primarily by petroleum and related products. Profit before tax stood at ₹2.19 Cr, compared with ₹0.53 Cr a year ago. Net profit after tax was ₹1.59 Cr versus ₹0.34 Cr previously. The company reported zero default on loans and debt securities, with total borrowings significantly reduced. The statutory auditors issued an unmodified opinion on these results and confirmed the adequacy and operating effectiveness of the company’s internal financial controls. No material discrepancies or frauds were noted, with stable working capital management and improved cash flows. Related party transactions are routine and unsecured, involving loans, sales, and remuneration to key managerial personnel.

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