SYNOPSIS: Sita Enterprises reported strong Q2 FY26 results with revenue up 23 percent QoQ and 748 percent YoY to Rs. 2.63 crore, while net profit rose 10 percent QoQ and 1000 percent YoY to Rs. 2.2 crore.
During Monday’s trading session, shares of a company in the business of investment and finance hit a 5 percent upper circuit at Rs. 184.7 on BSE, after reporting Q2 FY26 financial results with a rise in net profit by around 10 percent QoQ and 1000 percent YoY.
At 12:31 p.m., shares of Sita Enterprises Limited were trading in green at Rs. 180.2 on BSE, up by around 2.4 percent, compared to its previous closing price of Rs. 175.95, with a market cap of Rs. 54 crores.
The stock has delivered multibagger returns of over 111 percent in one year, and has gained by around 0.1 percent in the last one month.
What’s the News:
Sita Enterprises Limited announced the financial results for the second quarter of FY26 on Friday after market hours, as per the latest regulatory filings with the BSE.
For Q2 FY26, the company posted a total revenue from operations of Rs. 2.63 crores, reflecting a sequential rise of around 23 percent QoQ compared to Rs. 2.14 crores in Q1 FY26, as well as a year-on-year increase of over 748 percent from Rs. 0.31 crores recorded in Q2 FY25.
The growth was primarily driven by a significant rise in net gain on fair value changes, which surged to Rs. 2.4 crore from Rs. 2 crore in the previous quarter and Rs. 0.17 crore in the same period last year. Interest income stood at Rs. 0.13 crore compared to Rs. 0.14 crore in Q1 FY26 and Rs. 0.1 crore in Q2 FY25, while dividend income increased sharply to Rs. 0.06 crore from Rs. 0.01 crore in the previous quarter and Rs. 0.03 crore in the corresponding quarter of the previous year.
During the quarter, Sita Enterprises delivered a net profit of Rs. 2.2 crores, representing a significant increase of nearly 10 percent QoQ from Rs. 2 crores, as well as an impressive growth of around 1000 percent YoY from Rs. 0.2 crores.
Sita Enterprises Limited is registered as a Non-Banking Financial Company (NBFC) with the Reserve Bank of India (RBI) as a non-systematic important NBFC not accepting/holding public deposits. It is classified as an Investment and Credit Company (NBFC-ICC) in the Base Layer Category as per RBI guidelines.
The company is primarily engaged in the business of investments in shares, securities, mutual and other funds, properties and financing through loans.
Written by Shivani Singh
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