SKM Egg Products Export India Q1 Results PAT of Rs. 1,187 Lakhs and Total Revenue of Rs. 11,964 Lakhs

SKM Egg Products Export India Q1 Results 2024 - 2025: SKM Egg Products Export India released their Q1 results for the fiscal year 2024-2025 on 12 September 2024, revealing a mixed performance.

For the quarter ending June 2024, the company reported a profit of Rs. 1,187 lakhs, which represents a 16.7% QoQ increase from Rs. 1,017 lakhs in the previous quarter of March 2024. Despite this growth, the company faced a significant 20.6% YoY decline in revenue from operations, dropping from Rs. 15,949 lakhs in the previous quarter to Rs. 11,652 lakhs.

The profitability trend highlights an improvement of 16.7% QoQ, but the revenue decline suggests ongoing market challenges. The total comprehensive income for June 2024 showed a slight increase of 0.7% QoQ, totaling Rs. 1,359 lakhs compared to Rs. 1,349 lakhs in March 2024.

As SKM Egg Products continues to navigate these fluctuations, its focus on enhancing product quality and operational efficiency will be crucial in stabilizing its financial performance moving forward.

For More Q1 results check our Twitter Page

SKM Egg Products Export India Q1 Results 2024 - 2025

Here's a summary of SKM Egg Products Export India's Q1 results for the fiscal year 2024-2025. The company experienced changes in revenue and profitability compared to the previous quarter. The following table provides a detailed view of the financial performance:

Source: Click Here

SKM Egg Products Export India Current Market Overview

SKM Egg Products Export India is currently trading at ₹263 per share, with a market cap of ₹693 crore. The stock has fluctuated between ₹214 and ₹491 over the past year, showing some volatility. The company's price-to-earnings (P/E) ratio is 11.2, and it offers a dividend yield of 0.91%.

SKM has strong financial performance with a return on capital employed (ROCE) of 35.4% and a return on equity (ROE) of 35.9%. Despite a recent decline of 1.59% in its stock price, SKM remains a notable player in the egg processing industry.

Quarterly Results

Here’s a summary of SKM Egg Products Export India's quarterly results for the end of 2023 and the first half of 2024. The company’s financial performance shows variations in sales, expenses, and profitability. The following table highlights the key figures for the quarters ending December 2023, March 2024, and June 2024:

About SKM Egg Products Export India

SKM Egg Products Export India is a leading company in the egg processing industry, established in 1996. Based in India, SKM operates one of Asia's largest egg processing plants, with the capacity to handle 1.8 million eggs daily and produce 6,500 tonnes of egg powder annually.

The company is known for its high-quality products, which include various egg-based mixes used in bakeries and mayonnaise. SKM ensures the safety and quality of its products through strict certifications, including BRC, and HALAL, and maintains a backward integration with its own layer farms and feed mills.

Committed to environmental sustainability, SKM actively engages in recycling, water conservation, and community upliftment initiatives.

Check our website for more Q1 results.