SKP Securities Limited , a prominent player in the financial services sector, has announced its unaudited financial results for the first quarter ended June 30, 2025, along with key changes to its board of directors.

Financial Performance

The company reported a total revenue from operations of Rs 1,040.28 lakh for Q1 2025, marking a 5.4% increase from Rs 986.80 lakh in the same quarter last year. However, the net profit saw a decline, standing at Rs 285.25 lakh compared to Rs 320.65 lakh in the previous year's corresponding quarter.

The company's interest income showed significant growth, rising to Rs 157.16 lakh from Rs 103.03 lakh in the previous year. Brokerage and fee income also increased to Rs 771.38 lakh from Rs 733.33 lakh.

Board Appointments

In a strategic move to strengthen its leadership, SKP Securities has made two significant appointments to its board:

1. Mr. Vaibhav Pachisia has been appointed as a Whole-time Director, designated as an Executive Director, for a term of three years effective October 1, 2025. Mr. Pachisia, aged 30, brings 7 years of experience in management consulting, equity research, institutional equities, and private wealth management. He holds a BBA from Emory University (USA) and an MBA from INSEAD (Singapore/France).

2. Ms. Suparna Chakrabortti joins as a Non-Executive, Independent Director for a five-year term, also effective from October 1, 2025. With over 20 years of experience, Ms. Chakrabortti is a Chartered Accountant and holds an MBA from Rutgers University, New Jersey, USA, and a Master of Education from Hunter College, City University of New York, USA.

Both appointments are subject to shareholder approval through a postal ballot.

Looking Ahead

The company's focus on diversifying its revenue streams is evident from the growth in interest income and brokerage fees. While the net profit has seen a slight dip, the increased revenue suggests that SKP Securities is positioning itself for potential growth in the coming quarters.

The addition of Mr. Pachisia and Ms. Chakrabortti to the board brings a blend of youthful dynamism and seasoned expertise, which could play a crucial role in shaping the company's future strategies and governance.

Investors and stakeholders will be keenly watching how these new appointments and the company's financial performance will impact its market position in the competitive financial services landscape.

SKP Securities Limited , a leading financial services company, has announced its unaudited financial results for the first quarter. The company demonstrated resilience in its performance despite a slight decline in net profit.

Financial Performance

SKP Securities reported a total revenue from operations of Rs 1,040.28 lacs for Q1, marking a 5.4% increase from Rs 986.80 lacs in the same quarter last year. However, the company's net profit saw a decline, coming in at Rs 285.25 lacs compared to Rs 320.65 lacs in the previous year's quarter, representing an 11% decrease.

Here's a breakdown of the key financial metrics:

The company's interest income saw a significant jump of 52.5%, increasing to Rs 157.16 lacs from Rs 103.03 lacs in the previous year. Brokerage and fee income also increased by 5.2% year-over-year, reaching Rs 771.38 lacs from Rs 733.33 lacs.

Other Financial Highlights

• Total expenses increased to Rs 675.70 lacs from Rs 578.29 lacs in the previous year quarter.
• The company's basic and diluted earnings per share stood at Rs 4.19 for the quarter.

Corporate Governance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings. S K Agrawal and Co Chartered Accountants LLP, the company's statutory auditors, conducted a limited review of the results as required under SEBI regulations.

As SKP Securities navigates the dynamic financial services landscape, this financial performance provides insights into the company's operations and sets the stage for its strategies in the coming quarters.