Shetron Limited , a metal packaging manufacturer, has announced its unaudited financial results for the second quarter and half year ended September 30, 2025. The company's performance shows mixed results with quarter-on-quarter revenue decline but year-on-year growth.

Financial Highlights

Key Observations

Revenue Performance

Shetron Limited reported a revenue of Rs 6,044.00 lakhs for Q2 FY26, showing a decline from Rs 6,879.00 lakhs in the previous quarter. However, it represents an increase from Rs 5,791.00 lakhs in the corresponding quarter of the previous year.

Half-Yearly Performance

For the first half of FY26, the company's revenue stood at Rs 12,923.00 lakhs, up from Rs 11,670.00 lakhs in the same period last year, indicating a positive year-on-year growth.

Profitability

The company posted a profit after tax of Rs 105.00 lakhs for Q2 FY26, with earnings per share at Rs 1.17.

Operational Expenses

Total expenses for the quarter were Rs 5,939.00 lakhs, with the cost of materials consumed being a significant component at Rs 4,305.00 lakhs.

Employee Costs

Employee benefits expense for the quarter stood at Rs 641.00 lakhs.

Corporate Governance

The financial results were approved by Shetron Limited's Board of Directors at a meeting held on November 7, 2025, which commenced at 12:30 PM and concluded at 2:30 PM. The meeting was conducted through video conferencing, adhering to modern corporate practices.

Auditor's Review

N. Naresh and Co., Chartered Accountants, conducted an independent review of the quarterly unaudited financial results. Their review report states that nothing has come to their attention that causes them to believe that the financial results do not present a true and fair view in accordance with applicable accounting standards and SEBI regulations.

Shetron Limited continues to operate in the metal packaging manufacturing segment, reporting its results under this single segment. The company's performance in Q2 FY26 reflects the ongoing dynamics in the packaging industry and the broader economic environment.

Shetron Limited has declared a dividend of Rs. 1.00 per equity share for the financial year 2024-25, as approved by shareholders at the company's 45th Annual General Meeting (AGM) held on September 5, 2025. This announcement marks a significant development for the Bangalore-based company, known for its presence in the packaging industry.

Dividend Details

The declared dividend represents a 10% return on the face value of Rs. 10 per share. Here are the key points of the dividend announcement:

Annual General Meeting Highlights

The 45th AGM of Shetron Limited, conducted through Video Conference (VC) or Other Audio Visual Means (OAVM), saw several important resolutions passed with the requisite majority. Notable outcomes of the meeting include:

1. Dividend Declaration: Approval of Rs. 1.00 per share dividend for FY 2024-25.

2. Appointment of Secretarial Auditor: Mr. Parameshwar Ganapati Bhat was appointed as the Secretarial Auditor for a term of five consecutive years, from August 6, 2025, to August 5, 2030.

3. Voting Results: The company will host detailed voting results of the 45th AGM on its website and the CDSL platform, in compliance with Section 108 of the Companies Act, 2013, and Rule 20 of the Companies (Management and Administration) Rules, 2014.

Corporate Governance

Shetron Limited continues to demonstrate its commitment to transparency and regulatory compliance. The company promptly updated the BSE Limited regarding the AGM outcomes, including the dividend declaration and the appointment of the Secretarial Auditor, in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The timely announcement of the dividend and the appointment of an experienced Secretarial Auditor reflect Shetron Limited's focus on shareholder value and robust corporate governance practices.

Investors and shareholders of Shetron Limited can look forward to receiving the dividend payment on October 3, 2025, as scheduled by the company.