SKM Egg Products has achieved good financial results:
- Sales: In the second quarter of the current year (Q2 CY), they earned 17,086 lakhs rupees from sales. This is higher than what they earned in the same quarter last year (Q2 LY), which was 16,369 lakhs rupees. For the first half of this year (HY 23-24), their sales reached 37,422 lakhs rupees, compared to 29,395 lakhs rupees during the same period last year (HY 22-23). This means they have seen a 27% increase in sales.
- Operating Profit: In Q2 CY, their operating profit was 4,130 lakhs rupees. This is a significant improvement from Q2 LY when it was 2,192 lakhs rupees. For the first half of this year (HY 23-24), the operating profit was 9,307 lakhs rupees, while during the same period last year (HY 22-23), it was 3,466 lakhs rupees. This shows a remarkable 169% increase in operating profit.
- Profit Before Tax (PBT): In Q2 CY, their PBT stood at 3,608 lakhs rupees, compared to 1,669 lakhs rupees in Q2 LY. For HY 23-24, the PBT was 8,279 lakhs rupees, whereas it was 2,575 lakhs rupees in HY 22-23. This indicates an impressive 222% increase in profit before tax.
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