Board approves 1-for-2 share split and September quarter profit rises 69 percent
SKMEGGPROD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.4 pts more than Nifty Microcap 250 and 4.6 pts more than its Meat Products including Poultry peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The board approved splitting each Rs 10 share into two Rs 5 shares, taking paid-up shares to 5,26,60,000, subject to shareholder approval. Q2 FY26 revenue rose 39 percent to Rs 20,621 lakh and profit after tax rose 69 percent to Rs 1,632 lakh, versus Rs 957 lakh a year ago. Operating profit rose 65 percent to Rs 2,905 lakh. The record date will be announced later.
The split may improve affordability and retail participation, but shareholder approval is pending. Strong quarterly profit growth is positive for sentiment.