Sainik Finance & Industries Reports Q1 Profit Growth, Approves Key Board Appointments

Sainik Finance & Industries Limited, a company primarily engaged in financing activities within India, has reported its financial results for the first quarter ended June 30, 2025, along with several key board decisions.

Financial Performance

The company's unaudited financial results for Q1 FY2025-26 show a notable improvement in profitability:

Sainik Finance & Industries reported a profit of Rs 94.56 lakhs for the quarter, marking a 14.24% increase from Rs 82.77 lakhs in the same quarter last year. The company's revenue from operations stood at Rs 361.99 lakhs, slightly lower than Rs 363.21 lakhs in the previous year's quarter.

Despite a marginal decrease in revenue, the company managed to improve its bottom line through effective cost management. Total expenses decreased by 4.02% year-over-year, contributing to the improved profitability.

Earnings per share (EPS) for the quarter increased to Rs 0.87 from Rs 0.76 in the corresponding quarter of the previous year, reflecting the company's enhanced profitability.

Board Decisions and Appointments

In addition to approving the financial results, the Board of Directors made several key decisions during their meeting on August 12, 2025:

1. Secretarial Auditors Appointment: The Board approved the appointment of Secretarial Auditors for a period of five consecutive financial years from April 1, 2025, to March 31, 2030.

2. Scrutinizer Appointment: A scrutinizer was appointed to oversee the voting and e-voting process for the upcoming 33rd Annual General Meeting (AGM) of the company.

3. Director Re-appointment: The Board approved the re-appointment of Smt. Nishi Sabharwal as a Non-executive Independent Women Director for a second term of five years, from November 12, 2025, to November 11, 2030, subject to shareholders' approval at the ensuing AGM.

About Smt. Nishi Sabharwal

Smt. Nishi Sabharwal, who has been re-appointed as a Non-executive Independent Women Director, brings a wealth of experience to the Board. She is described as an accomplished corporate leader with extensive experience in senior positions across diverse and premium organizations, including Shyam Telecom Ltd, CITI Bank NA, American Express Bank, Standard Chartered Bank, and Axis Bank.

Her areas of expertise include Client Experience Management, Relationship Banking, Wealth Management, Private Banking, Business Development, International Trade Services, and Channel Partners Management. Smt. Sabharwal is known for her proficiency in team building, business development, and relationship management, coupled with strong business acumen and leadership qualities.

The Board Meeting, which commenced at 12:10 P.M and concluded at 12:50 P.M, also approved the Directors' Report for the financial year ended March 31, 2025, and the notice for calling the 33rd Annual General Meeting of the company.

Sainik Finance & Industries Limited continues to focus on its core business of financing activities within India, and these results reflect its efforts to maintain profitability in a challenging economic environment.