Q2 profit falls; board approves merger of wholly owned subsidiary
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 5.3 pts less than Nifty Microcap 250 and 3.4 pts less 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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Unaudited results were approved for the quarter and half year ended September 30, 2026. Consolidated quarterly revenue fell 6% to Rs 18,984 lakh and net profit fell 28% to Rs 1,778 lakh. First-half revenue was Rs 37,410 lakh and profit edged up to Rs 4,161 lakh. The board also approved merging wholly owned subsidiary SKM Universal Marketing Company into the company. No shares will be issued or ownership changed, subject to approvals.
Quarterly profit weakness may weigh on sentiment; the merger is likely neutral as no ownership change is expected, subject to approvals.