Sita Enterprises reported a net profit of ₹452.14 lakh for the financial year ended March 31, 2026, a significant rise from ₹112.41 lakh in the previous year. Revenue from operations for the year surged to ₹552.33 lakh, compared to ₹150.43 lakh in FY25, primarily driven by a net gain on fair value changes which amounted to ₹474.01 lakh. The company's earnings per share (EPS) for the year stood at ₹15.07, up from ₹3.75 in the prior year.

For the quarter ended March 31, 2026, the company recorded a net loss of ₹11.04 lakh, a reversal from the net profit of ₹61.61 lakh in the same quarter of the previous year. Revenue from operations for the quarter stood at ₹7.37 lakh, significantly lower than the ₹62.02 lakh reported in the corresponding period of FY25. The decline in quarterly profitability was attributed to tax expenses of ₹11.57 lakh, compared to a tax credit of ₹5.54 lakh in the prior year quarter.

The Board of Directors, in its meeting held on May 28, 2026, approved the audited standalone financial results. The statutory auditor, M/s. Patel Shah & Joshi, Chartered Accountants, issued an unmodified opinion on the financial results. The board also approved the re-appointment of Shri Anil Chomal as Internal Auditor and Kala Agarwal as Secretarial Auditor for the financial year 2026-2027, based on the recommendations of the Audit Committee.

The company's total assets as of March 31, 2026, stood at ₹2,077.48 lakh, an increase from ₹1,562.44 lakh in the previous year. Investments constituted a major portion of the assets at ₹1,109.76 lakh, while loans amounted to ₹777.39 lakh. Cash and cash equivalents improved to ₹121.35 lakh from ₹21.71 lakh at the end of FY25. Equity share capital remained unchanged at ₹300 lakh, while other equity increased to ₹1,700.39 lakh from ₹1,248.25 lakh.

The cash flow statement for the year ended March 31, 2026, showed a net increase in cash and cash equivalents of ₹99.64 lakh. Cash generated from operations was negative at ₹288.25 lakh, primarily due to changes in loans and other financial assets. However, net cash from investing activities was positive at ₹461.13 lakh, driven by the sale of investments amounting to ₹5,037.69 lakh against purchases of ₹4,576.56 lakh.

Sita Enterprises Limited has announced that its board of directors will meet on Thursday, May 28, 2026. The meeting will be held at the company's Registered Office to discuss and consider various matters, including the audited financial results for the fourth quarter and the financial year ended March 31, 2026.

Agenda for the Meeting

The primary agenda for the board meeting includes the consideration and approval of the Audited Financial Statements for the financial year ended March 31, 2026. These statements will be reviewed by the Audit Committee prior to the board meeting. Furthermore, the board will consider and approve the Audited Financial Results for the quarter and financial year ended March 31, 2026, along with the Statement of Assets and Liabilities and Cash Flow Statement as on that date. These approvals are in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Closure

In continuation of a previous notice dated March 30, 2026, the company has informed that the trading window for dealing in the securities of Sita Enterprises Limited remains closed. This closure applies to the Promoters, Directors, Key Managerial Persons, Designated Persons of the company, and their immediate relatives. The window will stay closed until the expiry of 48 hours from the date the financial results are made public.

Meeting Details

The intimation regarding this board meeting is also available on the company's official website.