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Gems- Jewellery And Watches
Quarterly Result23 Jul 2025, 06:39 pm

Sky Gold and Diamonds Delivers Robust Q1 FY26 Performance; Strategic Drivers Fuel Global Expansion Plan

AI Summary

Sky Gold and Diamonds Limited, a listed B2B Gold Jewellery manufacturer, announced its Q1 FY26 results for the quarter ended June 30, 2025. The company reported a 56.5% increase in revenue from operations, a 96.6% increase in gross profit, a 91.5% increase in EBITDA, and a 105.3% increase in Profit After Tax (PAT). The company's strategic focus on exports, capacity enhancement, and retail partnerships has contributed to this strong performance. Key highlights for Q1 FY26 include the addition of new products, client wins, and a steady growth in export orders. The company plans to increase exports to 25% of overall revenue by FY27, led by recurring global orders and a strong regional presence in the Middle East. Profitability is expected to improve further with a targeted PAT margin of 4.5% by FY27.

Key Highlights

  • Addition of 18KT lightweight jewellery in the product portfolio
  • Partnership with new B2B clients such as Aditya Birla’s Indriya, Reliance Retail, CaratLane, PN Gadgil, PM Jewellers, Pothys, and Vega
  • Steady Growth in Export Orders, with exports contributing 12% of revenue
  • Acquisition of a new entity in Dubai for a fully functional sales and distribution office
  • Planned addition of new advanced gold customers for PAT & ROCE accretive growth
SKYGOLD
Gems- Jewellery And Watches
Sky Gold Ltd

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