Are SKM Egg Products Export (India) Ltd latest results good or bad?

SKM Egg Products Export (India) Ltd has reported its financial results for Q3 FY26, showcasing significant growth in both net sales and consolidated net profit compared to the same quarter last year. The company achieved net sales of ₹203.71 crores, reflecting a year-on-year growth of 50.80%. Sequentially, net sales demonstrated a modest growth of 0.88% from the previous quarter. The consolidated net profit for the quarter was ₹30.04 crores, marking an impressive year-on-year increase of 298.94%. This indicates a strong improvement in profitability, as the company has nearly quadrupled its bottom line from ₹7.53 crores in Q3 FY25. The operating profit margin, excluding other income, expanded to 20.99%, which is the highest recorded in the last twelve quarters, highlighting enhanced operational efficiency and favorable market conditions. The nine-month performance for FY26 also indicates robust growth, with consolidated net profit of ₹71.07 crores on revenues of ₹581.34 crores, surpassing the full-year performance of FY25. This trend suggests that the company is entering a new growth phase, supported by capacity expansion and favorable export market dynamics. While the company has shown remarkable operational improvements, it has also experienced a revision in its evaluation, reflecting the evolving financial landscape. Overall, SKM Egg Products appears to be on a positive trajectory, driven by strong sales growth, margin expansion, and effective cost management, positioning itself favorably within the FMCG sector.