Sharda Motor Industries Limited — Board Meeting, 08-08-2025: Outcome of Board Meeting

SMIL's board has approved its Q1 FY25-26 consolidated financial results. The company posted a total income of ₹779.22 Cr, with a robust profit of ₹99.85 Cr for the quarter. A key highlight impacting the profit was a one-time gain of ₹22.41 Cr from the sale of land & building. Additionally, the board confirmed the re-appointment of Gurdeep Singh & Associates as Cost Auditors and appointed VKC & Associates as Secretarial Auditors for a five-year term, subject to shareholder approval.