Sadbhav Infrastructure Project Limited (SIPL) has announced its financial results for the second quarter of the fiscal year 2025, revealing both standalone and consolidated unaudited figures for the period ending September 30, 2025. The Board of Directors met on November 12, 2025, to approve these results, which highlighted the company's total assets at ₹13,257.92 crore compared to ₹13,271.70 crore at the end of the previous fiscal year. Key financial indicators show a slight decline in current assets, with trade receivables decreasing from ₹25,245 crore to ₹22,398 crore, while cash and cash equivalents rose significantly from ₹3,197 crore to ₹5,642 crore, reflecting improved liquidity.

In a significant corporate governance update, the company's Chief Financial Officer, Mr. Jatin Thakkar, has tendered his resignation effective November 12, 2025, due to personal reasons. This leadership change comes at a crucial time as the company navigates its operational strategy amidst fluctuating market conditions. His departure will be effective after the close of office hours on the same day. To fill the gap left by Thakkar, the Board has appointed Mr. Kedar Pandya as the new Company Secretary and Compliance Officer, effective immediately. Pandya is a qualified professional with a strong background in corporate law and compliance, which positions him well to support the company’s governance framework.

Investors and stakeholders are encouraged to monitor these developments closely as SIPL adapts to the changes in its leadership. The strategic direction under newly appointed personnel may have implications for operational performance and financial stability moving forward. As of the latest reports, the company's equity stands at ₹5,790.07 crore, offering a foundation for future growth initiatives. With the resignation of the CFO and the appointment of a new compliance officer, SIP's ability to maintain its operational integrity and financial performance will be critical in the coming quarters.