Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
SKP Securities reported Q2 FY26 total revenue from operations of Rs. 1,084.62 lacs, down about 3.6% from Rs. 1,125.53 lacs in Q2 FY25, though up 4.3% sequentially from Q1 FY26. Brokerage and fee income was broadly flat YoY at Rs. 908.92 lacs, while interest income rose sharply (~28%) to Rs. 175.70 lacs. Net profit fell sharply to Rs. 292.75 lacs in Q2 FY26 vs Rs. 395.30 lacs a year ago (~26% decline), dragged by higher finance costs (Rs. 32.93 vs Rs. 20.08 lacs), a Rs. 15.49 lacs net loss on fair value changes, and rising employee and other expenses. For H1 FY26, PAT stood at Rs. 578 lacs vs Rs. 715.95 lacs in H1 FY25. The auditor (S K Agrawal and Co) issued an unmodified limited review report.
Negative near-term read for shareholders — despite stable revenues, profit compression from rising costs and weak fair-value gains will weigh on earnings sentiment, though the clean auditor review and improving interest income provide some comfort.