Sanmit Infra Limited Reports Net Loss and Announces Key Leadership Changes

Sanmit Infra Limited reported a net loss of Rs 116.66 lakhs for the quarter ended September 30, 2025, compared to a loss of Rs 41.73 lakhs in the same quarter last year, while revenue declined to Rs 717.19 lakhs from Rs 4,113.84 lakhs. The company simultaneously announced significant leadership restructuring with Dinesh Kanayalal Makhija resigning as CFO due to other professional engagements, Kamal Kanayalal Makhija appointed as new CFO, and Shlok Sanjay Makhija appointed as CEO, all effective November 13, 2025.

Sanmit Infra Reports 25% Decline in Net Profit, Announces Board Changes and AGM Date

Sanmit Infra Limited's board approved unaudited standalone financial results for the quarter ended June 30, 2025, showing net profit of Rs 94.21 crores compared to Rs 158.58 crores in the previous quarter. The company accepted the resignation of Non-Executive Independent Director Mr. Mukund Shivaram Biwalkar due to professional commitments and appointed Mr. Ashok Madhavrao Thorat as Additional Director for a 5-year term. The board reconstituted the Audit Committee with Mr. Thorat as Chairperson and approved a material related party transaction with Haresh Agencies up to Rs 50 crores. The 25th Annual General Meeting is scheduled for September 25, 2025, via video conferencing.