The shares of the prominent petroleum product dealers gained up to 5 percent in today’s trading session after the company bagged a significant work order from GNI Infrastructure Ltd, worth Rs 2.71 crore.
With a market capitalization of Rs 175.39 crore, the shares of Sanmit Infra Ltd were trading at Rs 11.10 per share, increasing around 2.30 percent as compared to the previous closing price of Rs 10.85 apiece.
The shares of Sanmit Infra Ltd have seen positive movement after bagging a significant work order from GNI Infrastructure Ltd, worth Rs 2.71 crore for 200000 SQMT Micro Surfacing Work at HAM-AU101 Project Badnapur-Nanrgaon-Jamkhed-Akola-Mohora.
Looking forward to the company’s financial performance, revenue increased by 105 percent from Rs 22.47 crore in Q4FY24 to Rs 45.92 crore in Q4FY25. Further, during the same time frame, net profit increased by 194 percent from Rs 0.54 crore to Rs 1.59 crore.
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Sanmit Infra Limited operates in a diversified group of infrastructure businesses. The Company’s segments include realty and infrastructure, petroleum, and trading. The Company is mainly in the business of bio-medical and other waste management, infrastructure and real estate development, and trading in petroleum products.
Sanmit Infra Ltd offers diversified services across biomedical waste management, petroleum distribution, and infrastructure development. It focuses on environmental safety by preventing infection spread during waste transport, supplies HPCL petroleum products, and aims for sustainable infrastructure growth.
Sanmit Infra Ltd has achieved notable milestones, including setting up a modern facility for biomedical waste disinfectant equipment and initiating product supply to clients. It collaborates with top healthcare units nationwide for innovative product demonstrations. Additionally, it launched a green crematorium system in Maharashtra under India’s climate change program, showcasing its commitment to sustainability and public health.
Written by Abhishek Singh
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