Smiths & Founders (India) Reports Steady Q2 Performance with ₹66.81 Lakh Net Profit

1 min read     Updated on 03 Nov 2025, 02:38 PM
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Overview

Smiths & Founders (India) Limited announced its Q2 and H1 2025 results. Q2 net profit was ₹66.81 lakh, slightly down from ₹66.89 lakh in Q2 2024. Total income increased to ₹7.06 crore from ₹6.79 crore. H1 2025 saw net profit of ₹1.05 crore and total income of ₹7.07 crore. Cash flow from operations for H1 was ₹1.70 crore, with cash and equivalents at ₹2.12 crore as of September 30, 2025. The Board approved these results on November 3, 2025. SNR & Company conducted a limited review, finding no material misstatements.

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Smiths & Founders (India) Limited has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025, showcasing a stable performance despite challenging market conditions.

Q2 Financial Highlights

The company reported a net profit of ₹66.81 lakh for the quarter ended September 30, 2025, marginally lower than the ₹66.89 lakh recorded in the same period last year. Total income for the quarter stood at ₹7.06 crore, showing a slight increase from ₹6.79 crore in the previous year.

Half-Year Performance

For the half-year period ending September 30, 2025, Smiths & Founders (India) Limited posted the following results:

Particulars H1 2025 H1 2024
Net Profit ₹1.05 crore ₹1.48 crore
Total Income ₹7.07 crore ₹6.79 crore

The company's total assets were valued at ₹25.89 crore as of September 30, 2025.

Cash Flow and Operations

The cash flow statement revealed a positive trend in the company's operations:

  • Cash flow from operating activities for the six-month period: ₹1.70 crore
  • Net increase in cash and cash equivalents: ₹2.09 crore
  • Cash and cash equivalents as of September 30, 2025: ₹2.12 crore

Management Approval

The Board of Directors approved these results at their meeting held on November 3, 2025. The meeting commenced at 12:00 Noon and concluded at 2:10 PM.

Auditor's Review

SNR & Company, Chartered Accountants, conducted a limited review of the financial results. They stated that nothing has come to their attention that causes them to believe that the accompanying statement of unaudited financial results does not disclose the information required under SEBI regulations or contains any material misstatement.

Segment Reporting

The company noted that it does not have more than one reportable segment in line with Accounting Standard (AS) 17 "Segment Reporting" issued by the Institute of Chartered Accountants of India.

Investors and stakeholders can access the detailed financial results on the company's website www.smithsandfoundersindia.com and the BSE website www.bseindia.com .

Smiths & Founders (India) Limited continues to navigate the current economic landscape, maintaining a stable financial position while focusing on operational efficiency and growth opportunities.

Historical Stock Returns for Smiths & Founders

1 Day5 Days1 Month6 Months1 Year5 Years
-3.83%-6.05%+3.53%-11.26%-25.53%+676.47%
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Smiths & Founders (India) Limited Appoints Arkalgud Suryanarayana Sundar as Additional Independent Director

1 min read     Updated on 01 Aug 2025, 02:34 PM
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Reviewed by
Shriram ShekharScanX News Team
Overview

Smiths & Founders (India) Limited has appointed Mr. Arkalgud Suryanarayana Sundar as an Additional Non-Executive Independent Director for a five-year term from July 31, 2025, to July 30, 2030, subject to shareholder approval. Mr. Sundar, with over 35 years of banking experience, will also serve on the Audit Committee. He brings expertise from Syndicate Bank, State Bank Group, and as Chief Vigilance Manager at Kaveri Grameena Bank. Mr. Sundar holds a BSc degree and is a Certified Associate of the Indian Institute of Bankers.

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*this image is generated using AI for illustrative purposes only.

Smiths & Founders (India) Limited , a Bengaluru-based company, has announced the appointment of Mr. Arkalgud Suryanarayana Sundar as an Additional Non-Executive Independent Director. This strategic move, approved by the company's Board of Directors, aims to bring valuable banking expertise to the organization.

Appointment Details

The Board of Directors, acting on the recommendation of the Nomination and Remuneration Committee, has appointed Mr. Sundar for a five-year term from July 31, 2025, to July 30, 2030. This appointment is subject to shareholder approval at the upcoming Annual General Meeting.

New Role and Responsibilities

In addition to his role as an Independent Director, Mr. Sundar will serve as a member of the Audit Committee, effective July 31, 2025. This appointment is expected to strengthen the company's financial oversight and governance structure.

Professional Background

Mr. Arkalgud Suryanarayana Sundar brings over three and a half decades of banking experience to Smiths & Founders (India) Limited. His career highlights include:

  • Experience with Syndicate Bank and State Bank Group
  • Served as Chief Vigilance Manager at Kaveri Grameena Bank, Mysore before retirement

Educational Qualifications

Mr. Sundar holds a BSc degree and is a Certified Associate of the Indian Institute of Bankers (CAIIB), demonstrating his strong academic background in finance and banking.

Additional Information

The company has confirmed that Mr. Sundar is not related to any existing Director of Smiths & Founders (India) Limited. Furthermore, he is not debarred from holding the position of Director by the Securities and Exchange Board of India (SEBI) or any other authority.

Smiths & Founders (India) Limited expects that Mr. Sundar's extensive banking experience will significantly benefit the company as it moves forward with its business objectives.

Historical Stock Returns for Smiths & Founders

1 Day5 Days1 Month6 Months1 Year5 Years
-3.83%-6.05%+3.53%-11.26%-25.53%+676.47%
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