Sheetal Cool Products Limited , a player in the milk and namkeen products sector, has reported a significant boost in its financial performance for the quarter ended September 30, 2025. The company's unaudited financial results, approved by the Board of Directors on November 7, 2025, reveal substantial growth in profitability.

Financial Highlights

Quarterly Performance

Sheetal Cool Products demonstrated robust growth in its bottom line for the second quarter of the fiscal year 2025-26. The company's net profit surged by 159%, reaching ₹159.49 lakhs compared to ₹63.95 lakhs in the same quarter of the previous year. This significant increase in profitability showcases the company's improved operational efficiency and market performance.

Revenue from operations also saw a positive trend, rising to ₹5,591.23 lakhs from ₹5,299.01 lakhs year-on-year, marking a 5.5% increase. This growth in revenue indicates a steady expansion of the company's market presence and product demand.

Half-Yearly Results

For the half-year period, Sheetal Cool Products reported a profit of ₹384.68 lakhs, a decrease from the ₹1,061.83 lakhs profit reported in the corresponding period of the previous year.

Business Segments

Sheetal Cool Products operates in two primary segments:

1. Milk and Milk Products
2. Namkeen Products

It's worth noting that while the company maintains these two distinct segments, the namkeen segment currently does not meet the quantitative threshold criteria for separate reporting as per accounting standards.

Corporate Governance

The financial results were reviewed and approved at a Board of Directors meeting held on November 7, 2025. The meeting, which commenced at 1:45 P.M. and concluded at 2:05 P.M., also saw the approval of the auditors' limited review report for the quarter and half-year ended September 30, 2025.

Auditor's Note

H. B. Kalaria & Associates, the company's independent auditors, conducted a review of the unaudited standalone financial results. They noted that during their review, they did not perform a physical verification of inventory and cash equivalents, instead relying on inventory records provided by the management for their audit procedures.

Sheetal Cool Products Limited , a prominent player in the food and beverage industry, held its 12th Annual General Meeting (AGM) on September 20, 2025, where shareholders approved several significant appointments and reappointments. The meeting, conducted through video conferencing, marked important changes in the company's leadership and auditing structure.

Director Reappointments

The shareholders approved the reappointment of three brothers as Whole Time Directors for a five-year term from September 5, 2025, to September 4, 2030:

1. Mr. Bhupatbhai Dakubhai Bhuva: Reappointed as Managing Director with a monthly remuneration of Rs. 1,60,000. Mr. Bhupatbhai holds a Bachelor of Commerce degree and brings extensive experience in administration, leadership, and public relations.

2. Mr. Dineshbhai Dakubhai Bhuva: Reappointed as Whole Time Director with a monthly remuneration of Rs. 1,50,000. Although under-matriculate, Mr. Dineshbhai possesses expertise in franchise business, corporate relationship management, liaising, external business affairs, and corporate social responsibility.

3. Mr. Sanjaybhai Dakubhai Bhuva: Reappointed as Whole Time Director with a monthly remuneration of Rs. 1,40,000. Like his brother Bhupatbhai, Mr. Sanjaybhai holds a Bachelor of Commerce degree and has vast experience in administration, leadership, and public relations.

All three directors will receive additional benefits, including company-maintained cars with drivers, communication facilities, health insurance for themselves and their families, and personal accident coverage.

Auditor Appointments

The AGM also saw the approval of key auditor appointments:

1. M/s. Chetan Patel & Associates was appointed as the Secretarial Auditor for a five-year term from FY2025-26 to FY2029-30. The firm, based in Ahmedabad, is known for its expertise in corporate law, SEBI regulations, and various compliance services.

2. M/s. H.B. Kalaria & Associates, Chartered Accountants was reappointed as the Statutory Auditors for a second consecutive five-year term, from the conclusion of the 12th AGM until the 17th AGM in 2030. Established in 1988, the firm offers a wide range of services including auditing, financial consulting, and tax-related services.

Other Business

The AGM also addressed other matters, including:

• Adoption of audited standalone financial statements for the year ended March 31, 2025
• Ratification of the Cost Auditor's remuneration
• Approval of various special resolutions related to the directors' reappointments

The meeting, which commenced at 12:00 PM and concluded at 12:15 PM, saw the participation of key company officials, including the Chairman and Managing Director, Whole Time Directors, Independent Directors, and various auditors through video conferencing.

Sheetal Cool Products Limited continues to strengthen its governance structure with these appointments, positioning itself for future growth and compliance with regulatory requirements.